Madrid - Spain's stock market closed higher on Wednesday as sector gains pushed the benchmark index to a new record. The IBEX 35 finished the session up 1.31% in late trade, marking an all-time closing high for the gauge.
Advances were concentrated in Financial Services & Real Estate, Building & Construction and Consumer Goods, which collectively supported the market rally. On an individual basis, Acciona (BME:ANA) was the top performer within the IBEX 35, rising 4.85% or 12.20 points to finish at 264.00. Corporacion Acciona Energias Renovables SA (BME:ANE) added 3.38% or 0.76 points to close at 23.22, and Bankinter (BME:BKT) climbed 2.65% or 0.39 points to end the day at 15.08.
On the downside, ArcelorMittal SA (BME:MTS) led the decliners, slipping 2.30% or 1.36 points to close at 57.86. Fluidra (BME:FLUI) fell 1.23% or 0.24 points to 19.27, and Inmobiliaria Colonial SA (BME:COL) declined 0.97% or 0.06 points to finish at 5.64.
Market breadth favored advancers on the Madrid exchange, with 102 stocks rising versus 77 that fell, while 24 issues ended unchanged. Bankinter's share price reached an all-time high during the session, gaining 2.65% to 15.08.
Commodity markets moved higher alongside equities. Gold futures for August delivery increased 0.65% or 28.30 to trade at 4,382.70 a troy ounce. In energy markets, crude oil for July delivery rose 0.67% or 0.51 to $76.56 a barrel, while the August Brent contract gained 0.54% or 0.43 to trade at $79.39 a barrel.
In currency markets, EUR/USD was effectively unchanged, moving 0.16% to 1.16, while EUR/GBP was unchanged at 0.87, reflecting minor movement in foreign exchange trading. The US Dollar Index Futures was higher by 0.19% at 99.46.
The intraday ticker snapshot included the following moves: ES35 +1.31%, BKT +2.65%, ANA +4.85%, DX +0.18%, GC +0.69%, LCO +0.9%, CL +1.01%, COL -0.97%, FLUI -1.23%, ANE +3.38% and XAU/USD +0.77%.
Overall, the session recorded a clear tilt toward gains, led by financial and construction-related names, while a small subset of materials and real estate stocks underperformed.