Madrid equity markets finished the trading day with the IBEX 35 slipping 0.43% at the close. Sector weakness in Consumer Services, Financial Services & Real Estate and Consumer Goods contributed to the downward pressure on the index.
Session leaders and laggards
Among components, SOLARIA ENERGIA Y MEDIO AMBIENTE (SLRS) was the session leader, advancing 3.19% or 0.58 points to finish at 18.78. The stock’s rise marked a move to three-year highs as it closed at that level. Cellnex Telecom SA (CLNX) also posted a notable gain, rising 2.47% or 0.69 points to end the day at 28.64. Corporacion Acciona Energias Renovables SA (ANE) added 2.15% or 0.46 points to close at 21.90.
On the downside, Mapfre (MAP) recorded the largest decline among major names, falling 3.02% or 0.12 points to 3.85 at the close. International Consolidated Airlines Group S.A. (ICAG) decreased 2.52% or 0.13 points to finish at 5.02, while Bankinter (BKT) was down 2.48% or 0.37 points, closing at 14.34.
Market breadth and other metrics
Advancers outnumbered decliners on the Madrid Stock Exchange, with 112 stocks higher versus 76 in retreat, and 22 remaining unchanged.
Commodities and currencies
In commodities trading, Gold Futures for April delivery fell 0.66% or 33.46 to $5,045.94 a troy ounce. Crude oil for March delivery dropped 0.64% or 0.41 to $63.95 a barrel, while the April Brent contract slipped 0.39% or 0.27 to trade at $68.77 a barrel.
Currency pairs showed limited movement: EUR/USD was unchanged 0.13% at 1.19, and EUR/GBP was unchanged 0.11% at 0.87. The US Dollar Index Futures was flat, unchanged 0.00% at 96.68.
Summary
Madrid’s benchmark ended the session lower by 0.43%, with renewable energy and telecom names among the leaders while insurance, banking and airline stocks lagged. Market breadth favored rising names, and key commodity and FX instruments recorded modest declines or remained flat.
Key points
- IBEX 35 closed down 0.43% at the Madrid session’s end.
- Top performers included SOLARIA ENERGIA Y MEDIO AMBIENTE (+3.19% to 18.78), Cellnex (+2.47% to 28.64) and Acciona Energias Renovables (+2.15% to 21.90).
- Biggest decliners included Mapfre (-3.02% to 3.85), International Consolidated Airlines Group (-2.52% to 5.02) and Bankinter (-2.48% to 14.34). Sectors impacted include Consumer Services, Financial Services & Real Estate, and Consumer Goods.
Risks and uncertainties
- Sector concentration of losses: Consumer Services and Financial Services & Real Estate showed notable weakness, which could pressure stocks in those sectors.
- Commodity price moves: Declines in gold and oil were recorded, creating potential volatility for resource-related and inflation-sensitive sectors.
- Currency stability: Limited movement in EUR/USD and EUR/GBP could mask short-term FX risks for exporters and importers.
The details above are based on market closes and instrument prices reported at the end of the Madrid trading session.