Bearish
IBEX 35 declines 1.55% to 19,422 points amid losses in CaixaBank and Telefónica.
The IBEX 35 index fell by 1.55% to close at 19,422 points on September 2, 2026, primarily due to significant declines in major banking and telecommunications stocks. CaixaBank's shares dropped 6.48%, and Telefónica's decreased by 2.95%, contributing to the overall market downturn.
Key points
- CaixaBank's shares fell 6.48% despite reporting a net profit of €3.203 billion in the first half, an 8.5% increase from the previous year.
- Telefónica's stock declined by 2.95%, impacting the index negatively.
- Grifols' shares rose by 7.18%, partially offsetting the overall market decline.
Sources
AI-generated from public news sources. Not financial advice.
