IBEX 35 Week Ahead: Spain’s Bolsa de Madrid Outlook After Inditex Record, Naturgy Shock and ECB Countdown (Updated Dec 14, 2025)
Spain’s stock market heads into the new week with momentum intact—but with plenty of cross‑currents that could decide whether the IBEX 35 can hold above the psychologically important 17,000-point area it briefly reached on Friday. The benchmark IBEX 35 closed last week (Dec 8–12) at 16,854.4, up 0.99% on the week and up 45.36% so far in 2025, according to the official weekly bulletin from BME (Bolsas y Mercados Españoles). Sector performance stayed telling: banks outperformed again (IBEX 35 Banks +1.39% weekly; +103.39% YTD), while energy lagged (IBEX 35 Energy −1.67% weekly; +28.54% YTD). BME Bolsas y Mercados Españoles With
