Top 8 Largest Companies in Spain: Ibex 35 Index Constituents
Introduction
The IBEX 35 is the benchmark stock market index for the 35 most liquid Spanish companies. It is a capitalization-weighted index, meaning that the companies with the largest market capitalizations have the greatest influence on the index's value. The IBEX 35 is calculated and published by the Sociedad de Bolsas, the Spanish stock exchange operator.
Largest Companies in Spain
The following are the top 8 largest companies in Spain by market capitalization as of March 8, 2023, according to Yahoo Finance:
- Inditex
- Iberdrola
- Banco Santander
- Telefonica
- BBVA
- Repsol
- Naturgy
- Ferrovial
Inditex
Inditex is a global fashion retailer with over 7,000 stores in 96 markets. The company is best known for its Zara brand, but it also owns several other brands, including Bershka, Pull&Bear, Massimo Dutti, and Stradivarius.
Inditex was founded in 1963 by Amancio Ortega, who remains the company's largest shareholder. The company has a market capitalization of over €80 billion.
Iberdrola
Iberdrola is a Spanish electric utility company. The company is the largest electricity producer in Spain and one of the largest in the world.
Iberdrola was founded in 1992 as a merger of several smaller electric utilities. The company has a market capitalization of over €60 billion.
Banco Santander
Banco Santander is a Spanish banking group. The company is one of the largest banks in the world by market capitalization.
Banco Santander was founded in 1857. The company has a market capitalization of over €40 billion.
Telefonica
Telefonica is a Spanish telecommunications company. The company is one of the largest telecommunications companies in the world.
Telefonica was founded in 1924. The company has a market capitalization of over €30 billion.
BBVA
BBVA is a Spanish banking group. The company is one of the largest banks in the world by market capitalization.
BBVA was founded in 1857. The company has a market capitalization of over €25 billion.
Conclusion
The IBEX 35 is a diverse index of some of the largest and most successful companies in Spain. These companies play a vital role in the Spanish economy and are also major players in the global economy.
Comments