Ibex hits annual highs at 9,850 points and rises 5.3% in 2017

The Ibex 35 hit record annual highs after rising 0.5% to 9,850.5 points, pushed onwards by the gains of heavyweight stocks such as Inditex, Banco Santander, BBVA and Telefonica. The index led the advances amongst European stocks. It has risen 5.3% since the beginning of 2017.