NewzThe IBEX 35, Spain's primary stock market index, reached a new all-time high on Tuesday, closing above the 20,200-point threshold after a 0.2% increase. This performance marks a significant milestone for the index despite prevailing market uncertainty.
The record-setting session occurred against a backdrop of rising geopolitical tensions between the United States and Iran regarding the Strait of Hormuz. Analysts note that these developments have hindered expectations for a near-term normalization of the situation in the region.
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