Spain’s IBEX 35 index dropped over 2.5% to 19,095 points on Wednesday after US President Donald Trump criticized Spain as a "terrible partner in NATO," claiming it "doesn’t pay" or participate. He stated that he does not want anything to do with Spain and urged to cut off all trade, including visits, adding that Spain would come running back to negotiate. In response, Spain’s government, in a statement to El País, said it aims to maintain a strong relationship with the US and is receiving Trump’s remarks "calmly." The sell-off was also driven by escalating Middle East tensions, which pushed oil prices higher, fueled inflation concerns, and increased bets on European Central Bank rate hikes, darkening the economic outlook. Brent crude hit two-week highs following renewed US-Iran strikes, with Trump declaring the Iran ceasefire "over." Traders now price in over 30 bps of additional ECB tightening this year, signaling at least one potential rate hike, possibly as early as September.

Spain's main stock market index, the ES35, fell to 19104 points on July 8, 2026, losing 2.73% from the previous session. Over the past month, the index has climbed 5.11% and is up 34.02% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Spain. Historically, the Spain Stock Market Index (ES35) reached an all time high of 19885.50 in July of 2026. Spain Stock Market Index (ES35) - data, forecasts, historical chart - was last updated on July 8 of 2026.

Spain's main stock market index, the ES35, fell to 19104 points on July 8, 2026, losing 2.73% from the previous session. Over the past month, the index has climbed 5.11% and is up 34.02% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Spain. The Spain Stock Market Index (ES35) is expected to trade at 19336.06 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17823.48 in 12 months time.



Indexes Price Day Month Year Date
ES35 19,104.30 -535.90 -2.73% 5.11% 34.02% Jul/08

Components Price Day Year MCap Date
Inditex 54.16 -2.28 -4.04% 24.42% 197.63B Jul/08
Banco Santander 11.85 -0.63 -5.06% 56.95% 189.63B Jul/08
Iberdrola 21.02 0 0% 34.27% 145.13B Jul/08
Banco Bilbao Vizcaya Argentaria 21.97 -0.83 -3.64% 61.54% 127.03B Jul/08
CaixaBank 12.29 -0.39 -3.04% 58.05% 91.8B Jul/08
Ferrovial 56.38 -1.42 -2.46% 25.32% 51.64B Jul/08
ArcelorMittal 53.62 -2.50 -4.45% 87.68% 48.54B Jul/08
Endesa 38.17 -0.98 -2.50% 43.98% 46.34B Jul/08
Grupo ACS 118.40 -1.90 -1.58% 108.82% 40.31B Jul/08
Repsol 23.16 1.13 5.13% 81.22% 32.44B Jul/08




Related Last Previous Unit Reference
Spain Inflation Rate 3.20 3.20 percent Jun 2026
Spain Interest Rate 2.40 2.15 percent Jun 2026
Spain Unemployment Rate 10.83 9.93 percent Mar 2026

Spain Stock Market Index (ES35)
The IBEX 35 Index is a benchmark stock market index which tracks the performance of 35 most liquid stocks traded on the Continuous market on the Bolsa de Madrid. It is a free-float, capitalization-weighted index. The IBEX 35 index has base value of 3000 as of December 29, 1989.
Actual Previous Highest Lowest Dates Unit Frequency
19104.30 19640.20 19885.50 1861.90 1991 - 2026 points Daily

Market Data Coverage: Spain

News Stream
IBEX 35 Plunges After Trump’s Criticism, Middle East Tensions
Spain’s IBEX 35 index dropped over 2.5% to 19,095 points on Wednesday after US President Donald Trump criticized Spain as a "terrible partner in NATO," claiming it "doesn’t pay" or participate. He stated that he does not want anything to do with Spain and urged to cut off all trade, including visits, adding that Spain would come running back to negotiate. In response, Spain’s government, in a statement to El País, said it aims to maintain a strong relationship with the US and is receiving Trump’s remarks "calmly." The sell-off was also driven by escalating Middle East tensions, which pushed oil prices higher, fueled inflation concerns, and increased bets on European Central Bank rate hikes, darkening the economic outlook. Brent crude hit two-week highs following renewed US-Iran strikes, with Trump declaring the Iran ceasefire "over." Traders now price in over 30 bps of additional ECB tightening this year, signaling at least one potential rate hike, possibly as early as September.
2026-07-08
Stocks in Spain Hit All-time High
ES35 increased to an all-time high of 18600.00 Index Points. Over the past 4 weeks, Spain Stock Market Index (ES35) gained 5.39%, and in the last 12 months, it increased 33.76%.
2026-06-12
Stocks in Spain Hit All-time High
ES35 increased to an all-time high of 17851.00 Index Points. Over the past 4 weeks, Spain Stock Market Index (ES35) gained 3.1%, and in the last 12 months, it increased 44.26%.
2026-01-30