Info about Spain – Changes in the Ibex 35

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This article remarks on the progressions of the Spanish primary Stock Exchange Index, the Ibex 35 over the period from 2000 to 2006.

A fundamental stock index gives data about same essential structure of a nation.

The article The spain 35 index From Raw Data to Useful Information demonstrates the appropriation of organizations among the different segments and these divisions are taken as a beginning stage for this examination..

There have been a few movements both in the relative weight of specific organizations on the two years and a noteworthy number of organizations left or combined (fourteen) and almost an equivalent number of organizations entered (thirteen). The business daily paper “Cincodias” (www.cincodias.es) gave a review of the organizations tune in on the Ibex 35 of every 2000 and 2006.

At the highest point of the index, there have been minor changes, in spite of the fact that you ought to recall that the year 2000 was amid the last period of the new-economy slant. The market capitalization of Telefonica was around 10,6 billion euros and spoke to 28% of the Ibex 35 index. What’s more, Terra which is currently part of Telefonica spoke to another 3,4 billion euros (9% of the Index in 2000). The market capitalization of Banco Santander almost multiplied in this period and this bank has now the most elevated capitalization.

Organizations (Stocks) that left the stage (display in 2000 however not in 2006) are:

Land (correspondence division),

Amadeus (maker of aircraft frameworks),

Alba (Real home Promotion),

Acesa (Road Infrastructure),

Pryca (Consumer Retail),

Agbar (Aquas de Barcelona – a water service organization),

Sol Melia (Hotels),

Hydro Cantabrico (Water Utility),

Telepizza (Food),

Dragados (Construction),

Continente (Consumer Retail),

Aceralia (Commodities – Steel),

Aumar (Road Infrastructure),

Mapfre (protection) and

Vallehermoso (Construction)

From these, the organizations Pryca and Continente have blended. Vallehermoso has converged with an organization that was (and still is) likewise in the Ibex 35: Sacyr. Dragados converged with the ACS gathering, which is still in the index.

Organizations that entered the stage (which are just on the rundown of 2006) are:

Arcelor (Commodities – Steel),

Inditex (Textile),

Abertis (Infrastructure and Communication),

Banco Sabadell (Finance),

Metrovacesa (Construction and Real Estate),

Telefonos Moviles (Communication),

Sacyr Valle. (Development – the merger of Sacyr and ValleHermoso),

Gamesa (Wind vitality),

Cintra (Infrastructure),

Telecinco (TV, Entertainment),

Antena3 (TV, Entertainment) and

Iberia (transport).

Right now, Telefonica is offering TPI (which advertise capitalization diminished from 8 billion Euros in 2000 to around 3 billion of every 2006) with a specific end goal to fund it late securing of O2, the British media transmission supplier.

For one section, the move demonstrates a typical advancement like different nations after the new-economy in which the nearness of Telecommunication is reduced. In spite of the fact that (water) service organizations left after 2000, new utilities entered and the nearness of development organizations is as yet critical.