IAG, Spanish Investors’ Favourite Stock In 2020

ibex investors2020Madrid Stock Exchange

Shares in IAG, Iberia’s parent company, were the most traded by Spanish investors in 2020, according to the European online broker Degiro. Meanwhile, Tesla Motors’ shares were the most traded in Europe this year.

For Spanish investors, Banco Santander was their next favourite stock after IAG, followed by the Chinese electric and autonomous vehicle multinational NIO (listed on the New York Stock Exchange) and the US manufacturer Tesla Motors, on the Nasdaq.

The fifth favourite stock amongst Spanish traders was energy company Repsol, ahead of US technology firm Apple, listed on the Nasdaq. Spanish bank Sabadell came in seventh place. Next in line were the shares of Spanish telco Telefónica, followed by those of Inovio-Pharmaceuticals, listed on the US Nasdaq, in ninth place. Spanish bank BBVA was in tenth place, closing the list of stocks, ranked by levels of trading, amongst individual investors in Spain last year.

Demand from the US stock exchange

In general, all European investors preferred the technology, aerospace, electric vehicles and travel sectors in 2020. Tesla was the most traded share. The US NASDAQ market stands out as the most widely traded, followed by the New York Stock Exchange (NYSE). The popularity of US markets was particularly high amongst European investors under 40, while European or local markets were particularly attractive to investors over 40.

Tesla Motors’ shares were followed by NIO, Apple, Microsoft Corporation, Virging Galactic Holdings, Wirecard AG, Xetra, Carnival Corporation, Royal Dutch Shell, Advanced Micro Devices, and CD Projekt Red.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.