IBEX 35 closes 76 points higher as Repsol leads oil rally

The IBEX 35 closed at 18,990 points on October 23, gaining 76 points or 0.4 percent. Higher oil prices and France's rising risk premium shaped the session, Europa Press reported.

Repsol was the strongest IBEX 35 stock, rising 4.3 percent as Brent approached 117 USD. The broader index still ended the week 1.7 percent lower.

Why did IBEX 35 gain despite higher oil?

Brent reached 117 USD, while France's risk premium rose to a 15-year high amid political tensions. The combination kept pressure on the wider European market, but Repsol's advance helped lift the Spanish benchmark, Infobae reported.

Winners and losers in the IBEX 35

Winners and losers at the October 23 close, according to Europa Press:

• Repsol up 4.3 percent: higher oil prices
• Endesa up 2.1 percent
• Laboratorios Rovi up 1.2 percent
• Indra down 3.5 percent
• International Airlines Group down 3.1 percent
• Solaria down 2.4 percent

Declining stocks outnumbered advancing stocks by 110 to 82, with 10 unchanged, according to Investing.com.

IBEX 35 gives back 1.7 percent for the week

The index finished below 19,000 points after Thursday's 2.1 percent decline. It still held a 0.4 percent gain for Friday, supported by Repsol and other energy-linked shares.

What comes next for IBEX 35

• October 26, 2026, 9:00 a.m. CEST: the next Madrid trading session begins.
• October 28, 2026, before the open: Banco Santander, Endesa and Aena are scheduled to publish third-quarter results, with estimates listed by Rankia.

IBEX 35 price data for October 23, 2026

The IBEX 35 closed at 18,990 points on October 23, 2026, according to Bolsamania. It gained 76 points, or 0.4 percent, from the previous close of 18,914 points.

More market reports and analysis on the IBEX 35