IBEX 35 closes 0.2 percent higher as Lula vote hits banks
Published on 10/26/2026 at 22:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBrazil vote and earnings
- IBEX 35 closed at 19,033 points on October 26, 2026, up 44 points or 0.2 percent.
- Brazil's election result pressured Telefónica and Santander, with Telefónica down 6.4 percent.
- Grifols led IBEX 35 gainers, rising 5.4 percent at the close.
- Ferrovial reports after Wall Street closes on October 27, 2026, at 9:00 p.m. CET.
The IBEX 35 closed on October 26, 2026, up 44 points, or 0.2 percent, at 19,033 points. Brazil's election result pressured Telefónica and Santander, with Telefónica down 6.4 percent.
Wall Street's advance helped the Spanish benchmark recover from an early decline. EFE linked the early selling to Luiz Inacio Lula da Silva's victory and the exposure of major Spanish companies to Brazil.
Why did the IBEX 35 recover after the early selloff?
The index opened lower as Brazil-exposed shares fell, then recovered above 19,000 points. The close was 43.5 points above Friday's 18,989.8-point finish, according to Investing.com.
Building and construction, consumer services and consumer goods shares led the sectors at the close. Advancing stocks outnumbered decliners by 128 to 60, with 17 unchanged, Investing.com reported.
Winners and losers in the IBEX 35
- Grifols up 5.4 percent: top performer at the close, Investing.com reports
- Indra up 4.3 percent: second-best performer at the close, Investing.com reports
- IAG up 4.0 percent: among the leading gainers, Investing.com reports
- Telefónica down 6.4 percent: exposed to Brazil, Investing.com reports
- Banco Santander down 3.1 percent: exposed to Brazil, Investing.com reports
- Cellnex Telecom down 3.0 percent: among the weakest shares, Investing.com reports
What comes next for the IBEX 35?
- October 27, 2026, 8:00 a.m. CET: Spain's third-quarter unemployment rate, with the prior reading at 9.87 percent, Borsa Italiana reports
- October 27, 2026, 9:00 p.m. CET: Ferrovial publishes results after the Wall Street close, InfoBolsaGlobal lists
- October 29, 2026, 2:15 p.m. CET: European Central Bank interest-rate decision, MarketScreener lists
IBEX 35 price data for October 26, 2026
The IBEX 35 closed at 19,033 points on October 26, 2026, according to Investing.com. It rose 44 points, or 0.2 percent, versus the previous close of 18,990 points on October 23, 2026.
IBEX 35 by the numbers on October 26, 2026
- Index: IBEX 35
- Home exchange: BME, Spain
- Close on October 26, 2026: 19,033 points
- Change versus previous close of October 23, 2026: up 44 points (up 0.2 percent)
- Previous close: 18,990 points
- Top gainer: Grifols up 5.4 percent
- Top loser: Telefónica down 6.4 percent
- Next scheduled event: October 27, 2026, 9:00 p.m. CET: Ferrovial results
