MADRID, Oct. 27 (Xinhua) -- Spain's benchmark Ibex-35 stock index on Monday surpassed the 16,000-point mark, reaching its highest level since it climbed to 15,957.6 points on the eve of the global financial crisis in November 2007.
During the crisis, the Ibex plunged to an all-time low of 6,636.60 points in March 2009 amid a sharp loss of investor confidence, before beginning a slow and steady recovery.
It has taken 18 years for the index to return to this level. At 15:45 on Monday, the Ibex stood at 16,008.10 points, up 146.60 points during the day.
The market eventually closed at 16,000.20 points, setting a new post-crisis record. ■
