IBEX 35 falls 359 points at midday as Bankinter weighs
Published on 10/22/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBanking pressure and afternoon data
- IBEX 35 traded at 18,965 points at 12:30 p.m. CEST on October 22, down 359 points or 1.9 percent.
- Bankinter reported EUR 901 million in nine-month profit, up 11 percent year over year.
- Bankinter was the biggest IBEX 35 loser, down 6.2 percent at midday.
- Eurozone flash consumer confidence is due at 2:00 p.m. CEST on October 22.
IBEX 35 traded at 18,965 points at 12:30 p.m. CEST on October 22, losing 359 points or 1.9 percent from the previous close, Alicante Plaza reported. Bankinter's nine-month profit rose 11 percent to EUR 901 million, but its shares led the index lower.
Bankinter fell 6.2 percent after quarterly revenue came in at EUR 795 million, below the EUR 811 million market expectation, Investing.com reported. The result put pressure on other Spanish banks during the morning.
Why is the IBEX 35 down at midday?
Banking stocks led the decline after Bankinter's quarterly revenue missed expectations. Solaria and CaixaBank also fell sharply, while Brent crude traded at USD 111.7 per barrel after the European open, Europa Press reported.
Winners and losers in the IBEX 35
Midday rankings came from the same session and venue, as reported by Democrata:
- Telefónica up 0.7 percent.
- Logista up 0.7 percent.
- Colonial up 0.5 percent.
- Bankinter down 6.2 percent: quarterly revenue missed expectations.
- Solaria down 4.5 percent.
- CaixaBank down 4.0 percent.
The banking sector was the main source of weakness. The index opened at 19,129 points after a 1.0 percent decline, according to EFE.
What comes next for the IBEX 35
- October 22, 2026, 2:00 p.m. CEST: Eurozone flash consumer confidence, with a consensus of minus 16.3 against minus 17 previously, Trading Economics lists.
- October 22, 2026, 2:30 p.m. CEST: U.S. initial jobless claims, with a 200,000 consensus against 199,000 previously, Trading Economics lists.
- October 22, 2026, 4:00 p.m. CEST: U.S. leading index data, Trading Economics lists.
IBEX 35 price data for October 22, 2026
The IBEX 35 stood at 18,965 points at 12:30 p.m. CEST on October 22, down 359 points or 1.9 percent from the October 21 close of 19,324 points, Alicante Plaza reported. The index opened at 19,129 points.
IBEX 35 by the numbers on October 22, 2026
- Index: IBEX 35
- Home exchange: Bolsa de Madrid, Spain
- Level at 12:30 p.m. CEST on October 22, 2026: 18,965 points
- Change versus previous close of October 21, 2026: down 359 points (down 1.9 percent)
- Previous close: 19,324 points
- Open: 19,129 points
- Top gainer: Telefónica up 0.7 percent
- Top loser: Bankinter down 6.2 percent
- Next scheduled event: October 22, 2026, 2:00 p.m. CEST: Eurozone flash consumer confidence
