Stock Markets February 16, 2026

Madrid stocks finish higher as IBEX 35 rises 0.99%

Construction and financial names lead gains while travel tech and consumer discretionary lag

By Avery Klein IDR SAN
Madrid stocks finish higher as IBEX 35 rises 0.99%
IDR SAN

Spanish equities closed higher on Monday, with the IBEX 35 up 0.99% as strength in construction, financial services and consumer-facing groups offset weakness in travel technology and select consumer brands. Market breadth favored advancers and commodities and FX markets showed modest movement at the close.

Key Points

  • IBEX 35 closed up 0.99% as Financial Services & Real Estate, Consumer Services and Building & Construction sectors led gains.
  • ACS, Indra A and Banco Santander were the session's largest winners; Amadeus, Puig and Fluidra were the principal decliners.
  • Market breadth favored rising issues 109 to 73, with 29 stocks unchanged; ACS hit an all-time high while Amadeus moved to a three-year low.

Spanish equity markets ended the trading day in positive territory on Monday, with the benchmark IBEX 35 closing up 0.99% in Madrid. Gains were concentrated in Financial Services & Real Estate, Consumer Services and Building & Construction sectors, which provided the main upward impetus.

Top performers

The session's strongest movers included ACS Actividades de Construccion y Servicios SA (BME:ACS), which climbed 4.68% - a rise of 4.60 points - to finish at 102.90. Indra A (BME:IDR) also recorded a notable advance, adding 3.91% or 2.00 points to end the day at 53.10. Banco Santander (BME:SAN) rose 2.53% or 0.25 points to close at 10.29.

Lagging names

On the downside, Amadeus IT (BME:AMA) was the session's weakest performer, falling 4.20% or 2.05 points to finish at 46.79. Puig Brands SA (BME:PUIGb) declined 1.14% or 0.19 points to 16.43, while pool-equipment group Fluidra (BME:FLUI) slipped 0.71% or 0.18 points to close at 25.20.


Market breadth and notable price levels

Advancers outnumbered decliners on the Madrid Stock Exchange, with 109 stocks higher versus 73 lower; 29 issues finished unchanged. The session included a record move for ACS, whose shares rose to all-time highs at the close. Conversely, Amadeus shares moved down to a three-year low level at the close.


Commodities and FX snapshot

In commodity markets, April gold futures were down 0.65% - a drop of 32.59 - settling at 5,013.71 per troy ounce. Crude oil for April delivery rose 1.07% or 0.67 to $63.42 a barrel, while the April Brent contract increased 1.00% or 0.68 to $68.43 a barrel. On currency markets, EUR/USD was largely unchanged at 1.19, moving 0.13% in the session, and EUR/GBP was essentially flat at 0.87, changing by 0.02%.

The US Dollar Index Futures closed higher by 0.16% at 96.97.


Additional note

Data points above reflect closing prices and percentage moves reported at the end of trading in Madrid on Monday. The market action shows concentrated strength in construction and financial names while certain consumer and travel-technology stocks experienced declines.

Risks

  • Sector concentration risk: gains were driven by a few sectors (Building & Construction, Financial Services & Real Estate and Consumer Services), leaving the market vulnerable if those sectors reverse.
  • Individual stock volatility: notable single-stock moves (ACS at all-time highs and Amadeus at three-year lows) reflect potential idiosyncratic risk for investors in those names.
  • Commodities and FX moves: shifts in gold, oil and exchange rates could affect sector performance, notably resource-exposed and internationally active companies.

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