IBEX 35 closes 0.55 percent higher as oil eases, Telefónica slides
Published on 10/09/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- IBEX 35 closed at 19,033 points on October 9, 2026, up 0.55 percent.
- Easing oil prices and lower debt-market pressure supported the advance.
- ArcelorMittal and Cellnex led gains, while Telefónica fell on SpaceX competition concerns.
- The Spanish exchange will trade on Monday, October 12, despite Spain's National Day.
IBEX 35 closed at 19,033 points on October 9, 2026, up 0.55 percent at 5:35 p.m. CEST as easing oil prices and lower debt-market pressure supported European equities, according to Bolsamania. The index traded between 19,033 and 19,182 points during the session.
ArcelorMittal rose 5.79 percent and Cellnex Telecom gained 5.58 percent, making them the strongest IBEX 35 performers, while Telefónica fell 4.61 percent, according to Investing.com.
Oil relief meets telecom pressure
The rebound followed two sessions of losses linked to higher crude prices and pressure in bond markets. XTB said Cellnex benefited from optimism around satellite and terrestrial communications after SpaceX expanded its U.S. spectrum position. Telefónica was pressured by concerns about future Starlink competition in Europe.
ArcelorMittal also advanced more than 4 percent after a positive analyst recommendation, while Cellnex benefited from lower yields. Advancing stocks outnumbered decliners 124 to 66, with 18 unchanged, according to Investing.com.
What comes next
The next IBEX 35 session is Monday, October 12, 2026. The Spanish exchange will open despite Spain's National Day, according to Infobae. U.S. markets will also trade that day, while the U.S. bond market will be closed.
