Spain's equity benchmark closed in negative territory on Thursday as losses in several heavyweight sectors outweighed gains elsewhere. At the close in Madrid, the IBEX 35 fell 0.42%.
Sectors that underperformed included Financial Services & Real Estate, Telecoms & IT and Consumer Services, which collectively contributed to the downward pressure on the index.
Top performers
- Naturgy Energy Group SA (BME:NTGY) led the index's winners, advancing 4.85% or 1.36 points to finish at 29.40. The stock recorded a move to 3-years highs in the session.
- Enagas (BME:ENAG) gained 1.71% or 0.29 points, closing at 17.23.
- Repsol (BME:REP) rose 1.42% or 0.32 points to end the day at 22.89.
Lagging names
- ACS Actividades de Construccion y Servicios SA (BME:ACS) was the biggest decliner among the large names, slipping 1.43% or 1.80 points to 124.50 at the close.
- Amadeus IT (BME:AMA) fell 1.33% or 0.70 points to finish at 52.08.
- Banco Bilbao Vizcaya Argentaria SA (BME:BBVA) declined 1.28% or 0.25 points, ending the session at 19.22.
Market breadth on the Madrid Stock Exchange showed an even numeric distribution in the headline figures: falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 95 to 95 and 24 ended unchanged.
Outside equities, key commodity contracts and FX benchmarks recorded mixed results. Gold Futures for June delivery was down 0.84% or 38.30 to $4,519.70 a troy ounce. In the energy complex, Crude oil for delivery in July rose 1.77% or 1.74 to hit $100.00 a barrel, while the July Brent oil contract climbed 1.31% or 1.38 to trade at $106.40 a barrel.
On currencies, EUR/USD was unchanged 0.33% to 1.16, while EUR/GBP unchanged 0.05% to 0.86. The US Dollar Index Futures was up 0.28% at 99.39.
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