Spanish Stock Exchange is Attracting British Investment

Image inside Malaga CF's La Rosaleda Stadium. Credit: [email protected]_en

THE decision by the Spanish National Securities Market Commission to give in principle approval for the takeover of the Spanish Stock Exchange (Bolsas y Mercados Españoles) by Swiss group SIX has encouraged other groups to buy its shares.

One British group, Sand Grove Capital has increased its stake to more than 3 per cent, making it the third largest shareholder in BME, slightly behind BlackRock with just under 4 per cent.

Shares in BME are therefore bucking the downwards trend and are in demand.

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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. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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