Spain's equity benchmark closed the trading day in Madrid lower on Friday, with the IBEX 35 ending the session down 0.47%.
Broad sector weakness was concentrated in Building & Construction, Consumer Goods and Consumer Services, which together contributed to the market's retreat.
Top and bottom movers
The session's strongest performers on the IBEX 35 included Repsol (BME:REP), which climbed 2.96% or 0.66 points to finish at 22.93. Cellnex Telecom SA (BME:CLNX) added 2.05% or 0.59 points to close at 29.36, while Redeia Corporacion SA (BME:REDE) rose 1.69% or 0.25 points to end the day at 15.07.
At the other end of the index, ArcelorMittal SA (BME:MTS) led the declines, falling 4.28% or 2.00 points to 44.74 at the close. Sacyr SA (BME:SCYR) dropped 2.20% or 0.09 points to 4.09, and International Consolidated Airlines Group S.A. (BME:ICAG) declined 2.12% or 0.09 points to 4.10.
Decliners outpaced advancers on the Madrid exchange, with 124 stocks falling compared with 65 that gained, and 14 ending unchanged.
Notable milestones
Shares of Repsol (BME:REP) advanced to five-year highs, gaining 2.96% or 0.66 to finish at 22.93.
Commodities and currencies
In commodities trading, Gold Futures for April delivery fell 1.44% or 73.81 to $5,051.99 a troy ounce. Crude oil for April delivery rose 0.86% or 0.82 to $96.55 a barrel, while the May Brent oil contract increased 0.61% or 0.61 to trade at $101.07 a barrel.
On the foreign exchange front, EUR/USD was down 0.64% to 1.14, and EUR/GBP was reported unchanged at 0.14% to 0.86. The US Dollar Index Futures rose 0.61% to 100.36.
Market insights and product note
AI-driven stock selection products highlighted in market commentary claim shifting influences on stock picking. One service referenced reported that, year to date, two out of three global portfolios it tracks are outperforming their benchmarks, with 88% of holdings in the green. The same commentary noted that a flagship strategy dubbed Tech Titans reportedly doubled the S&P 500 within 18 months and cited specific winners such as Super Micro Computer (+185%) and AppLovin (+157%).
Readers are reminded that these are the figures and claims as presented in the market commentary.