Spanish stocks closed lower on Tuesday in Madrid, with the benchmark IBEX 35 finishing down 0.24% after a session in which sectoral declines outweighed gains.
At the close, the IBEX 35 was down 0.24%, with the intraday data showing the index at 19,934.90, a fall of 47.00 points. The pullback was led by weakness across the Building & Construction, Consumer Services and Financial Services & Real Estate sectors, which collectively contributed to the negative breadth on the exchange.
Among individual movers, Naturgy Energy Group SA (BME:NTGY) was the session's best performer on the IBEX 35, rising 2.21% or 0.64 points to finish at 29.54. Repsol (BME:REP) added 1.77% or 0.48 points to close at 27.54, and SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS) gained 1.71% or 0.28 points to end the day at 16.70. Notably, shares in Repsol rose to an all-time high during the session.
On the downside, Acerinox (BME:ACX) registered the largest slide among IBEX components, falling 3.22% or 0.58 points to close at 17.46. International Consolidated Airlines Group S.A. (BME:ICAG) declined 2.51% or 0.13 points to 4.98, while ArcelorMittal SA (BME:MTS) was down 2.37% or 1.50 points to 61.74.
Market breadth on the Madrid Stock Exchange skewed negative: 112 stocks fell versus 74 that advanced, and 20 finished unchanged.
In commodities, Gold Futures for December delivery fell 1.10% or 49.28 points to $4,424.42 a troy ounce. Oil contracts moved higher, with crude oil for October delivery up 0.86% or 0.72 to $84.46 a barrel, and the October Brent contract rising 0.62% or 0.56 to trade at $91.43 a barrel.
Currency markets were relatively quiet. The euro-dollar pair (EUR/USD) was essentially unchanged, moving 0.02% to 1.16, while EUR/GBP was unchanged by 0.01% at 0.86. The US Dollar Index Futures dipped 0.04% to 99.50, reflecting a modest move in the dollar during the session.
Session snapshot:
- IBEX 35 -0.24% at 19,934.90 (down 47.00 points)
- Top IBEX gainers: NTGY +2.21%, REP +1.77%, SLRS +1.71%
- Top IBEX decliners: ACX -3.22%, ICAG -2.51%, MTS -2.37%
- Gold December -1.10% at $4,424.42 per troy ounce
- Brent October +0.62% at $91.43 per barrel; Crude October +0.86% at $84.46 per barrel
- US Dollar Index Futures -0.04% at 99.50
The trading day left a mixed picture: energy and renewable names posted gains, while industrials and travel-related stocks bore the brunt of the decline, contributing to the overall negative close for the market.