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IBEX 35
Constituents
35
Currency
EUR
Dominant sector
Financials and Utilities
The IBEX 35 has historically been concentrated in banks, utilities and energy, with a significant weighting in a handful of large companies — a structure that makes it internally less diversified than broader indices such as the FTSE 100.
Several listed Spanish companies have a strong presence in Latin America, which adds indirect exposure to those emerging markets for anyone investing in the Spanish index.
Main BME (Bolsa de Madrid) stocks
See all in the screener →| Stock | Sector | Price | Today's change |
|---|---|---|---|
| Iberdrola S.A. | Utilities | — | — |
| Industria de Diseño Textil SA | Consumer Discretionary | — | — |
| Banco Santander S.A. | Financials | — | — |
| Telefónica | Telecommunications | — | — |
| Repsol S.A. | Energy | — | — |
Frequently asked questions
Why is the IBEX 35 considered poorly diversified?
Because a small number of large companies (particularly banks and Iberdrola) weigh heavily on the index, so its performance depends significantly on a handful of businesses compared with broader indices.
Do Spanish shares carry exposure to Latin America?
Many large listed Spanish companies (banks in particular) have a significant presence in Latin America, giving indirect exposure to those markets.