IBEX35 returns to strength after early week wobble

The Ibex35 has returned to positive territory following Monday’s fall after the collapse of American Silicon Valley Bank.

At end of day trading, the market rose 2.23% recovering much of the values lost at the start of the week.

Shares in Meliá Hotels and Banco Sabadell, BBVA and Banco Santander rose sharply during the trading day.

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