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IBEX35 falls over coronavirus fears

Written by on September 21, 2020

The Spanish stock exchange – the Ibex35 – has dropped 3.43% in one day as concerns over the latest wave of coronavirus infections spook the markets.

In a widespread fall in European markets, the index lost 6,700 points compared to the start of business yesterday. The biggest falls were in aviation giant IAG, ACS, Arcelormittal and banking groups Santander, BBVA and Sabadell.

Across Europe the FTSE fell 3.38%, the Cac40 in Paris was down 4.37% and the Dax in Frankfurt fell 4.37%.