15/05/2026 12:10 (UTC)
IBEX 35 falls below 17,500 points on inflation fears
MADRID, May 15 (EFE).— Spain’s benchmark IBEX 35 fell 1.49 percent by midday on Friday, slipping below the 17,500-point mark amid a broader European market decline driven by rising oil prices and inflation concerns.The sell-off came as Brent crude surged more than 3.7 percent to above 109 dollars per barrel, while government bond yields climbed in Europe, the United States and Japan, increasing fears of persistent inflation linked to higher energy costs.Among major Spanish stocks, Repsol was the only IBEX-listed company trading in positive territory, benefiting from the jump in oil prices, while companies including ArcelorMittal and IAG posted sharp losses. (Camera: ALTEA TEJIDO). FOOTAGE OF THE SPANISH STOCK MARKET, IN MADRID, SPAIN.
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