IBEX 35 closes higher as Repsol lifts index 76 points

The IBEX 35 closed at 18,989 points on October 23, gaining 76 points or 0.4 percent. The rebound came as Brent crude reached USD 116.30, while French debt concerns kept pressure on European stocks, Europa Press reported.

Repsol rose 4.7 percent after Spain's National Court suspended collection of a USD-equivalent 120.3 million energy levy settlement, EFE reported.

Why did the IBEX 35 recover?

Energy shares helped offset weakness in other sectors as oil prices climbed. The eurozone composite purchasing managers' index fell to 51.9 in October from 53.1 in September, signaling slower expansion, Bolsamania reported.

Reuters said the session followed technology selling and rising oil prices, with investors preparing for central-bank meetings next week, Reuters reported.

Winners and losers in the IBEX 35

The closing rankings came from the same Madrid session, with 110 stocks lower, 82 higher and 10 unchanged, Investing.com reported.

• Repsol up 4.7 percent: oil exposure and the court decision supported the shares.
• Endesa up 2.1 percent.
• Rovi up 1.3 percent.
• Indra down 3.5 percent.
• IAG down 3.0 percent.
• Solaria down 2.7 percent.

IBEX 35 ends below 19,000 points

The index opened at 18,956 points and traded between 18,804 and 18,992 points. It finished near the session high but remained below 19,000 points. The index lost 1.7 percent over the week, its first weekly decline after the sharp drop on October 22, Bolsamania reported.

Oil and French debt set the market backdrop

France's risk premium reached a 15-year high as political and fiscal tensions continued. Spain's 10-year yield rose to 4.047 percent, while Brent gained 2.77 percent to USD 116.30, PressDigital reported.

What comes next for the IBEX 35

• October 26, 2026, 9:00 a.m. CEST: Madrid trading resumes after the weekend.
• October 26, 2026, 8:00 a.m. CEST: Spain's producer-price index is due, with 13.2 percent reported for September versus 15.3 percent previously, Trading Economics shows.
• October 27, 2026: Ferrovial is scheduled to publish January-to-September results after the close, InfoBolsa Global reports.

IBEX 35 price data for October 23, 2026

The IBEX 35 closed at 18,989 points on October 23, 2026, according to El Periodico de Ceuta. It gained 76 points or 0.4 percent from the previous close of 18,914 points. The index opened at 18,956 points and recorded a high of 18,992 points and a low of 18,804 points.

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