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Spain’s stock market, tracked by the IBEX 35 Index, climbed 5% in the first two weeks of March, showcasing a 20% increase from a year ago. The rally was propelled by standout performances from leading corporations and the vibrant health of Spain’s economy. Spanish corporates enjoy strong momentumA significant driver of this recent upswing is Inditex, the conglomerate behind iconic fashion brands such as Zara, Massimo Dutti, Bershka, and Pull&Bear, which constitutes 14% of the IBEX 35. The fashion titan reported a historic net profit of €5.4 billion for the fiscal year 2023, marking a 30.3% inc…

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