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IBEX 35 price aims higher as Spain prepares to loosen its lockdown

By: Invezz

Spain is preparing to start “Phase 1” of the reopening plan this week as the death toll falls. IBEX 35, the benchmark stock index of the Bolsa de Madrid, finished the week around 2% lower although the bounce is likely to happen given the expected increase in the business activity.  Fundamental analysis: Phase I to commence this week Spain is preparing to significantly ease the lockdown measures this week as the death toll continues to decrease. It reported 179 new deaths today, lower than 229 reported yesterday and five times less than figures reported in April.  “We’ve managed to retake

The post IBEX 35 price aims higher as Spain prepares to loosen its lockdown appeared first on Invezz.

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