Stock Markets February 16, 2026

Madrid Stocks Close Higher as Financials and Construction Lead Gains

IBEX 35 rises 0.99% with ACS hitting record highs while Amadeus slides to three-year lows

By Priya Menon IDR SAN
Madrid Stocks Close Higher as Financials and Construction Lead Gains
IDR SAN

Spanish equities closed higher on Monday, driven by strength in Financial Services & Real Estate, Consumer Services and Building & Construction. The IBEX 35 ended the session up 0.99%, with ACS Actividades de Construccion y Servicios SA reaching an all-time high and Amadeus IT falling to a three-year low. Commodity and foreign exchange markets showed mixed moves, with crude oil higher and gold lower.

Key Points

  • IBEX 35 closed up 0.99% as Financial Services & Real Estate, Consumer Services and Building & Construction outperformed.
  • Top gainers included ACS (up 4.68% to 102.90), Indra A (up 3.91% to 53.10) and Banco Santander (up 2.53% to 10.29).
  • Major decliners included Amadeus (down 4.20% to 46.79, hitting a three-year low), Puig (down 1.14% to 16.43) and Fluidra (down 0.71% to 25.20).

Spanish equities finished higher in Madrid on Monday, lifted by gains across Financial Services & Real Estate, Consumer Services and Building & Construction. The IBEX 35 closed the day up 0.99%.

Among individual movers, ACS Actividades de Construccion y Servicios SA (BME:ACS) led the index, advancing 4.68% - a rise of 4.60 points - to finish at 102.90. Indra A (BME:IDR) added 3.91% or 2.00 points to close at 53.10, while Banco Santander (BME:SAN) gained 2.53% or 0.25 points to end the session at 10.29.

On the downside, Amadeus IT (BME:AMA) posted the largest decline on the IBEX 35, slipping 4.20% or 2.05 points to close at 46.79. Puig Brands SA (BME:PUIGb) fell 1.14% or 0.19 points to 16.43, and Fluidra (BME:FLUI) was down 0.71% or 0.18 points to 25.20.

Market breadth in Madrid favored advancers: 109 stocks rose, 73 fell and 29 finished unchanged.

Two noteworthy price milestones were recorded during the session. Shares of ACS rose to an all-time high, closing at 102.90 after a 4.68% increase. In contrast, Amadeus shares dropped to a three-year low, losing 4.20% to finish at 46.79.

Commodities and foreign exchange markets delivered a mixed picture. Gold futures for April delivery declined 0.64% - down 32.41 - to $5,013.89 a troy ounce. Crude oil for April delivery gained 1.08% or 0.68 to close at $63.43 a barrel, while the April Brent contract rose 1.02% or 0.69 to trade at $68.44 a barrel.

In FX, EUR/USD was broadly unchanged, up 0.13% at 1.19, and EUR/GBP was essentially flat, unchanged by 0.02% at 0.87. The US Dollar Index Futures registered a 0.16% increase, trading at 96.97.


The session underscored a market led by financial and construction names, with notable volatility among travel-related and consumer stocks as reflected in Amadeus and Puig. Commodities and currency moves were uneven, with oil prices higher and gold softer into the close.

Risks

  • Significant individual stock moves - such as Amadeus falling to a three-year low and ACS reaching an all-time high - indicate elevated idiosyncratic risk for investors in those names, particularly in the travel and construction sectors.
  • Mixed commodity price action, with gold down and crude oil and Brent up, introduces uncertainty for sectors exposed to energy costs and precious metals.
  • Currency fluctuations remain present - the US Dollar Index Futures rose 0.16% while EUR/USD and EUR/GBP showed minimal change - which could affect exporters and importers tied to euro movements.

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