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Spanish stocks rise as IBEX 35 gains 0.91% on sector strength

Financials, chemicals and consumer goods led gains in Madrid, with 96 advancers versus 78 decliners. Gold futures fell 2.19% to $4,561.91 per troy ounce.

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Priya Anand · Equities & Earnings Desk · 28 Aug 2026 · 18:00 · 1 min read
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Spanish stocks rise as IBEX 35 gains 0.91% on sector strength

Spanish equities ended higher on Friday, with the benchmark IBEX 35 rising 0.91% as gains in financial services, chemicals, oil and plastics, and consumer goods offset declines in other sectors. On the Madrid Stock Exchange, advancing issues outnumbered decliners by 96 to 78, with 24 stocks unchanged.

The IBEX 35 closed at 11,450.23 points, up from an intraday low of 11,305.12. Financial heavyweight Banco Bilbao Vizcaya Argentaria SA led sector gains, adding 1.54% to finish at 25.04, while Puig Brands SA rose 1.77% to 18.40. Technology services provider Indra Sistemas advanced 1.43% to 62.38.

On the downside, renewable energy firm Solaria Energia y Medio Ambiente fell 1.50% to 17.44, airport operator Aena SME SA declined 1.34% to 26.42, and pharmaceutical company Laboratorios Farmaceuticos Rovi SA dropped 1.30% to 60.70.

Commodity futures retreated as gold for December delivery fell 2.19% to $4,561.91 per troy ounce, while crude oil for October delivery declined 0.50% to $83.11 per barrel and Brent crude for November delivery dropped 0.56% to $88.02 per barrel. The U.S. Dollar Index futures fell 0.47% to 99.55, and the EUR/USD pair decreased 0.51% to 1.16. The EUR/GBP pair held steady at 0.86.

Trading concluded at 13:08 local time, following a 13:05 publication of the initial report.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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