IBEX 35 gains 0.7 percent as oil prices rise
Published on 10/21/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOil and earnings shape midday
- IBEX 35 stood at 19,215 points at midday on October 21, 2026, up 123 points or 0.7 percent.
- Brent crude traded above USD 110 as Middle East tensions lifted energy prices.
- Merlin Properties led IBEX 35 gainers, rising 2.0 percent by midday.
- US crude inventories are due at 4:30 p.m. CEST on October 21, 2026.
IBEX 35 gained 123 points, or 0.7 percent, to 19,215 points at 12:00 p.m. CEST on October 21, 2026. Brent crude held above USD 110 as Middle East tensions pushed energy prices higher, Europa Press reported.
Repsol rose 1.5 percent among the strongest IBEX 35 performers as oil prices advanced. Iberdrola also drew attention after reporting net profit of EUR 5,816 million for the first nine months, up 9.6 percent, and raising its 2026 outlook, MarketScreener reported.
Why is the IBEX 35 higher at midday?
Energy shares provided support while investors assessed corporate earnings and renewed pressure on crude markets. Brent advanced to above USD 110 amid tensions in the Middle East, while the index recovered from its opening weakness, Democrata reported.
Top and flop in the IBEX 35
Winners and losers at midday on October 21, 2026, according to Democrata:
- Merlin Properties up 2.0 percent
- Acerinox up 1.5 percent
- Repsol up 1.5 percent: higher crude prices supported the oil producer
- Amadeus down 0.5 percent
- Sabadell down 0.3 percent
- Cellnex down 0.3 percent
IBEX 35 awaits oil data and Lagarde
The index had risen from its previous close of 19,092 points. The afternoon agenda includes US crude inventories at 4:30 p.m. CEST and an address by European Central Bank President Christine Lagarde at 6:00 p.m. CEST, Euribor reported.
What comes next for the IBEX 35
- October 21, 2026, 4:30 p.m. CEST: US crude oil inventories, with a forecast draw of 0.3 million barrels, Borsa Italiana lists.
- October 21, 2026, 6:00 p.m. CEST: ECB President Christine Lagarde speaks, with euro-area rate expectations in focus, Euribor reports.
IBEX 35 price data for October 21, 2026
IBEX 35 stood at 19,215 points at 12:00 p.m. CEST on October 21, 2026, according to Europa Press. It was up 123 points, or 0.7 percent, versus the previous close of 19,092 points on October 20, 2026.
IBEX 35 by the numbers on October 21, 2026
- Index: IBEX 35
- Home exchange: BME Exchange, Spain
- Level at 12:00 p.m. CEST on October 21, 2026: 19,215 points
- Change versus previous close of October 20, 2026: up 123 points (up 0.7 percent)
- Previous close: 19,092 points
- Top gainer: Merlin Properties up 2.0 percent
- Top loser: Amadeus down 0.5 percent
- Next scheduled event: October 21, 2026, 4:30 p.m. CEST: US crude oil inventories
