Madrid. This Monday, the Spanish stock market experienced a decline of 2.62%, influenced by the drop in international markets following the attack by Israel and the United States on Iran. The Spanish stock market, measured through the IBEX 35 index, has retreated to figures seen two weeks ago after a drop of 481.9 points, closing at 17,878.9 points. Throughout the year, it still registers an increase of 3.3%. In Europe, the euro was trading at 1.168 dollars, experiencing a decrease of 1.1%. Frankfurt recorded a decline of 2.57%; Paris 2.17%; Milan 1.97%, and London 1.2%. The national market fell shortly after the start of the day, approaching 5% and positioning itself below 17,800 points. The bombings by Israel and the United States in Iran, as well as Iran’s attacks on neighbouring nations with American military bases and on vessels in the Persian Gulf, were causing a profit-taking scenario in the stock markets. Following last week, when numerous markets reached record levels in Asia and Europe, investors decided to retreat amid the risks, such as an increase in inflation due to rising energy commodity prices, which surged by 50%.
The Spanish stock market falls by 2.62%, the largest decline since April due to the attack on Iran.
