Ibex 35 finds favour with foreign investors

Ibex 35 finds favour with foreign investors

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Foreign investors are returning to the Ibex 35 index, Spain's main benchmark underlying, with deals completed in the past two months notable for their size and the fact they involve investors from a variety of countries, say market participants.

"It was unthinkable a few months ago, but the favourable environment across Europe has made investors wake up to the rewards of investing against the Ibex 35," says a London-based banker at a large European bank.

"We have closed a few large trades on the

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