05-Feb-2010 2:22 PM
Ferrovial hit by big drop on the Spanish IBEX index
Analysis
Shares in Ferrovial, shareholder in BAA, slumped 11.3% yesterday, as Spain's IBEX slid 5.94% yesterday. Spain's sovereign debt levels and weak economic outlook is contributing to a lack of investor confidence in the past few days, with the International Monetary Fund (IMF) stating Spain is still suffering a very deep recession.
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