Spanish stocks closed lower on Wednesday, with the IBEX 35 finishing the session down 0.55% in Madrid. The market slide was led by weakness across several industry groups, notably Building & Construction, Chemical, Petroleum & Plastic and Consumer Goods.
Top individual performers
The strongest performers on the IBEX 35 were Solaria Energia y Medio Ambiente (BME:SLRS), Amadeus IT (BME:AMA) and Indra A (BME:IDR). Solaria rose 3.97% - a gain of 0.92 points - to close at 24.10. Amadeus IT advanced 3.73%, up 1.86 points to finish at 51.68. Indra A added 2.46%, an increase of 1.28 points, settling at 53.36.
Weakest stocks
On the downside, Repsol (BME:REP) led losses among major names, sliding 2.75% or 0.58 points to end the day at 20.52. Fluidra (BME:FLUI) declined 2.37%, down 0.50 points to 20.60, while Ferrovial (BME:FER) fell 1.73%, losing 1.06 points to close at 60.16.
Market breadth
Decliners outnumbered advancers on the Madrid Stock Exchange by a margin of 101 to 86, with 23 stocks finishing unchanged. That distribution reflected the sector-level weakness noted during the session.
Commodities and currencies
In commodities trading, Gold Futures for June delivery eased 0.44%, losing 21.51 to trade at 4,828.59 a troy ounce. Oil prices moved higher: Crude oil for May delivery rose 0.92% or 0.84 to reach 92.12 a barrel, and the June Brent contract increased 0.98% or 0.93 to trade at 95.72 a barrel.
Currency moves were modest. EUR/USD was effectively unchanged, shifting 0.03% to 1.18, and EUR/GBP was stable, moving 0.01% to 0.87. The US Dollar Index Futures ticked down 0.06% to 97.85.
Overall, trading in Madrid saw selective gains among some renewable energy and technology-related names, but the broader market decline was driven by pressure in construction, chemicals, petroleum and consumer goods segments.