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Spanish Stock Market Hits New High, Economic Outlook Forecast Upgraded

Spanish Stock Market Hits New High, Economic Outlook Forecast Upgraded

The best immigration news regarding the Spanish stock market hitting a new high and the upgrade of its economic outlook can be found on the WorldWay investment immigration official website.

WorldWay Immigration5990 reads

    Recently, the Spanish stock market broke through the 9,400-point mark again, reaching a new high since July 2011.
 
    Banking stocks performed strongly. The share price of CaixaBank rose by 5.54%, Banco Popular rose by 3.15%, BBVA rose by 1.44%, and Banco Santander rose by 1.36%. In addition, Telefónica shares also rose by 1.68%.
 
    Previously, the International Monetary Fund (IMF) had just upgraded its economic outlook for Spain for this year and next in its newly released World Economic Outlook report. It lowered the forecast for the contraction of Spain's GDP this year by 0.3 percentage points to 1.3%, and raised the growth forecast for next year from 0 to 0.2%.

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