Spain's Ibex 35 falls more than 1% weighed down by Santander and Acciona amid earnings season

FinanceInternationalXTB.comOct 28, 2026, 12:08 PM40 s readAI summary

Spain's Ibex 35 fell more than 1% in a session shaped by corporate earnings, moving away from other European indices, which had a mixed and shallower performance. Santander plunged 6% on weakness in its Brazil business and doubts over its outlook, while Acciona and Acciona Energía dropped around 4% after interested buyers withdrew from the sale process for the subsidiary. Redeia rose around 2% after beating consensus with its quarterly sales and profit.

In 40 seconds

The Ibex 35 fell more than 1%, conditioned by earnings season, and moved away from other European indices
Santander plunged 6%: a drop of more than 20% year-on-year in Brazil profit and doubts over its outlook outweighed the improvement in its efficiency ratio
Acciona and Acciona Energía fell around 4% after interested buyers withdrew from the process to acquire the subsidiary

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

Ibex 35
Santander
Acciona
resultados
mercados

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Spain's Ibex 35 falls more than 1% weighed down by Santander and Acciona amid earnings season

In 40 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day