Customers of Freedom Holding Corp.'s European division have the opportunity to invest in shares of major companies in Spain's key stock index, IBEX 35. This initiative, which followed the opening of a representative office in Madridis in line with the holding company’s growth strategy in Western Europe.
The list of financial products available to clients via Freedom 24's online platform has been expanded to include the most liquid Spanish companies in the Bolsa de Madrid’s corestock index. The new offering complements Freedom Finance Europe's existing portfolio of investment services, which includes trading in 1,000,000+ instruments - stocks, ETFs, options and bonds.
"This initiative demonstrates our interest and commitment to the Spanish stock market, where we expect significant growth this year. Our IBEX 35 investment offer will help us get closer to clients in Spain", believes Sonia Alegre, head of Freedom Finance Europe in Madrid.
Maxim Manturov, head of investment research at Freedom Finance Europe, praised investment opportunities in IBEX 35. "We expect Santander, Iberdrola, Endesa, Telefónica and Repsol shares to perform well thanks to the strong fundamentals of the companies themselves and their respective sectors. In addition, we will keep a close eye on certain areas - such as renewable energy".
Freedom Finance Europe's Madrid office opened its doors in April 2022, becoming part of the company's European network, which already has offices in Berlin, Athens and Limassol. In 2021, it is the European business that is driving the growth of the entire corporation's brokerage activities. As of December 31, 2021, over 370,000 client accounts were open with almost a third of them (over 110,000) in Europe.