Between April 20 and April 27, the Spanish Stock Exchange Index, IBEX-35, slid by 4.4%. This is the second-biggest loss in a week in the year to date for this index, which comprises stocks from the 35 most liquid companies traded on the continuous market.
Many commentators believe that the recent development signals the end of the real estate boom in Spain. For the past few months, analysts worldwide had been drawing attention to the listed Spanish property and real estate companies, claiming that there was a stock overvaluation.
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