IBEX 35 closes at 19,742.50 points, up 1.93%
Published on 11/09/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSpanish stocks regain momentum
- The IBEX 35 closed Monday, November 9, at 19,742.50 points, up 1.93 percent from Friday's close.
- Banks led the advance, while lower oil prices and a recovery in European equities supported sentiment.
- Investors are now turning to US inflation data and further signals on interest rates.
The IBEX 35 finished Monday's session at 19,742.50 points, up 373.00 points or 1.93 percent from the previous trading session's close of 19,369.50 points on Friday, November 6. The Spanish benchmark ended near its daily high of 19,761.60 points after opening at 19,383.60.
Banks provide the main support
Financial stocks were the strongest support for the index. Santander rose 3.1 percent, CaixaBank gained 2.8 percent, BBVA advanced 2.5 percent, Bankinter added 2.4 percent and Sabadell increased 2.4 percent, according to Expansion. Solaria, Sacyr and ArcelorMittal also posted strong gains, while Repsol was among the few decliners as lower crude prices weighed on the oil producer.
The move came during a broader European rebound. Reuters reported that European shares were supported by banks, including gains linked to Credit Agricole's proposal involving Banco BPM and stronger-than-expected results from UniCredit. Brent crude also fell during the session after comments from US President Donald Trump reduced concern about an immediate escalation of the conflict in Iran, according to the agency.
Macro data now moves into focus
Investors' attention shifts to the next set of macroeconomic signals. The market is awaiting October inflation data from the United States, while rate expectations and the outlook for central-bank policy remain important for financial stocks. Expansion also reported that investors were monitoring the Eurogroup and Ecofin meetings and the search for a successor to European Central Bank President Christine Lagarde.
Monday's session took place despite the local Madrid holiday for La Almudena because BME kept the Spanish market open on its regular schedule. The next session will therefore begin from the 19,742.50-point closing level, with the direction of banks, oil prices and global technology stocks remaining key factors for the IBEX 35.
More coverage of the IBEX 35 is available here.
