IBEX 35 closes at 19,965.50 points after 0.31% decline
Published on 11/12/2026 at 22:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIBEX 35 loses 20,000 points
- The index closed at 19,965.50 points on November 12, down 0.31% from the previous session.
- Naturgy led the gainers, while Indra and Banco Santander were among the biggest decliners.
- Spanish corporate results, uncertainty around Nvidia and elevated Middle East tensions shaped the market backdrop.
The IBEX 35 closed Thursday's session at 19,965.50 points, down 0.31% or 62.40 points from the previous close of 20,027.90. The decline took Spain's benchmark back below the 20,000-point mark regained during the previous session. The closing level and the 17:35:30 Madrid time timestamp were reported by PcBolsa.
Results and technology uncertainty
The session unfolded against a mixed corporate and international backdrop. Europa Press described the market as being marked by Spanish company results, the departure of Nvidia chief executive Jensen Huang and continued Middle East tensions, with Brent crude near 94 US dollars per barrel. These were the principal themes reported around the session, rather than a single confirmed cause for the index move.
Telefónica reported a net profit of 464 million euros for the first nine months, compared with a loss of 1.08 billion euros in the same period of 2025, while also reporting 2.5% revenue growth in Spain, according to Europa Press. The company's shares nevertheless finished lower, illustrating the selective response to individual results.
Defensive winners, financial laggards
Market breadth was slightly negative. Investing.com reported 96 declining stocks on the Madrid Stock Exchange against 90 advancers, with 21 unchanged. Within the IBEX 35, Naturgy gained 2.47% and Grifols rose 1.57%. Indra fell 2.48%, Banco Santander lost 1.88% and Solaria declined 1.48%.
The split between gains in selected energy, infrastructure and defensive names and losses among several financial, technology and consumer-related stocks points to a fragmented session. For investors, the next focus remains the flow of company results, the direction of energy prices and whether the index can reclaim the 20,000-point level. Further coverage is available on the IBEX 35 topic page.
