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Signs of Recovery on Stock Markets with Some Spanish Company Gains

By John Smith • Published: 17 Apr 2020 • 17:09

ALTHOUGH things can change overnight, stock exchanges in Europe in particular appear to be heading back up for a number of reasons.

Firstly, the Chinese economy has suffered more than anticipated from the coronavirus Covid-19 pandemic, secondly there may be a breakthrough in discovery of a vaccine by Gilead in the USA which has seen their shares shoot up and thirdly, despite high unemployment, the US economy seems to be recovering slightly.

Two companies to benefit immediately on the Spanish Ibex were Inditex and IAG.

Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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