Madrid's stock market ended the session in positive territory on Tuesday, propelled by strength in Financial Services & Real Estate, Building & Construction and Consumer Services. The benchmark IBEX 35 climbed 0.69% to reach a new all-time high at the close.
Among individual large-cap movers, Banco Bilbao Vizcaya Argentaria SA (BME:BBVA) was the day's strongest performer on the IBEX 35, rising 2.43% - an increase of 0.50 points - to finish at 21.10. Caixabank SA (BME:CABK) advanced 1.78% or 0.22 points to close at 12.31, while Banco de Sabadell SA (BME:SABE) gained 1.59% or 0.05 points to end the session at 3.07.
On the downside, SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS) led decliners, sliding 2.96% or 0.66 points to 21.65 at the close. Corporacion Acciona Energias Renovables SA (BME:ANE) fell 2.42% or 0.56 points to 22.54, and Naturgy Energy Group SA (BME:NTGY) dropped 1.45% or 0.42 points to finish at 28.60.
Market breadth in Madrid showed more falling issues than rising ones: 100 stocks declined compared with 87 that advanced, and 21 ended unchanged.
Caixabank's shares reached an all-time high during the session, closing up 1.78% or 0.22 at 12.31.
Commodities moved unevenly alongside the equity gains. Gold Futures for August delivery rose 0.27% or 11.91 to $4,363.51 a troy ounce. In contrast, crude oil posted notable losses: July delivery crude fell 5.75% or 4.64 to $76.11 a barrel, while the August Brent contract declined 4.99% or 4.15 to trade at $79.02 a barrel.
Currency markets were relatively stable. EUR/USD was unchanged at 0.24% to 1.16, and EUR/GBP was essentially flat, unchanged by 0.03% to 0.86. The US Dollar Index Futures eased 0.16% to 99.22.
Summary of session winners and losers and their final prices:
- BBVA: +2.43% to 21.10
- CABK: +1.78% to 12.31
- SABE: +1.59% to 3.07
- SLRS: -2.96% to 21.65
- ANE: -2.42% to 22.54
- NTGY: -1.45% to 28.60
Tuesday's session displayed a split market: while the index rose and select financial names reached new highs, energy and renewable stocks were among the weaker performers and commodities showed divergent moves, with gold higher and oil prices sharply lower.