A EUROMONEY SURVEY – MARCH 1996
Recent performance
Last year was a turbulent one for the Spanish equity market, with many foreign investors in particular preferring to stay on the sidelines as a series of political problems and disappointing economic figures played themselves out in the first half of the year. In the second quarter the Madrid General Index dipped as low as 264 and for the year as a whole, the total volume of turnover on the Madrid bourse fell by 13%.
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