{"id":6230,"date":"2024-01-03T11:26:25","date_gmt":"2024-01-03T03:26:25","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=6230"},"modified":"2024-01-03T11:26:25","modified_gmt":"2024-01-03T03:26:25","slug":"spanish-markets-start-year-2024-on-an-upbeat-note","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/fr\/spanish-markets-start-year-2024-on-an-upbeat-note\/","title":{"rendered":"Spanish Markets Start Year 2024 on an Upbeat Note\u00a0"},"content":{"rendered":"\n

In 2023, the IBEX 35 (ES35) experienced a remarkable year, marking a 23% gain, its most positive annual performance since 2009, thanks to its hefty exposure to the financial services sector. During the period, only seven companies out of the 35 index composites recorded a decline, highlighting the overall strength of the market. <\/p>\n\n\n\n

On Jan. 2nd<\/sup> Tuesday, the IBEX 35 experienced a boost, reaching 10,182 and initiating the year 2024 on a positive note. This upward trend defied the prevalent negative sentiment in most European markets. Investors absorbed recent PMI data and maintained their confidence in the anticipation of monetary easing from prominent central banks. Additionally, Spain’s annual inflation rate slowed to 3.1% in December from 3.2% in November, undershooting market forecasts of a 3.4% rise.\u00a0 However, the HCOB Spain Manufacturing PMI showed a slight decline, dropping to 46.2 in December 2023 from November’s 46.3. This outcome fell short of the projected 47 and indicated ongoing fragility in the sector. On the cooperate front, Grifols, S.A. announced a strategic partnership and share purchase deal with China’s Haier Group to sell a 20% stake in Shanghai RAAS for around $1.8 billion.\u00a0\u00a0<\/p>\n\n\n

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\"\"<\/figure>\n<\/div>\n\n\n

(IBEX 35 One-year Chart)\u00a0<\/em><\/p>\n\n\n\n

Disclaimer  <\/p>\n\n\n\n

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.\u00a0<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2023, the IBEX 35 (ES35) experienced a remarkable year, marking a 23% gain, its most positive annual performance since 2009, thanks to its hefty exposure to the financial services sector. During the period, only seven companies out of the 35 index composites recorded a decline, highlighting the overall strength of the market.  On Jan. […]<\/p>\n","protected":false},"author":13,"featured_media":6232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[20,21],"tags":[201,202],"class_list":["post-6230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market_news","category-latest","tag-ibex-35","tag-spain"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts\/6230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/comments?post=6230"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts\/6230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/media\/6232"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/media?parent=6230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/categories?post=6230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/tags?post=6230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}