Market close
Spain's benchmark stock index ended the trading day higher on Tuesday, with the IBEX 35 up 0.37% at the close in Madrid. Sector strength in Building & Construction, Financial Services & Real Estate and Chemical, Petroleum & Plastic helped lift the market.
Top and bottom movers
The session's strongest performers on the IBEX 35 were:
- ArcelorMittal SA (BME:MTS) - rose 2.37% or 1.22 points to 52.74 at the close.
- ACS Actividades de Construccion y Servicios SA (BME:ACS) - added 1.90% or 2.40 points to end at 128.70.
- Acciona (BME:ANA) - gained 1.76% or 4.80 points to finish at 277.80.
The weakest stocks in the index were:
- SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS) - fell 7.16% or 1.53 points to 19.91 at the close.
- Cellnex Telecom SA (BME:CLNX) - declined 2.28% or 0.61 points to end at 26.15.
- Telefonica (BME:TEF) - was down 2.06% or 0.07 points to 3.52.
Breadth and activity
On the Madrid Stock Exchange, advancing issues outnumbered decliners by 109 to 79, while 21 stocks finished unchanged. The overall positive breadth accompanied the IBEX 35 gain for the session.
Commodities and FX
In commodities trading, Gold Futures for August delivery was reported up 0.05% or 2.10 to $4,041.00 a troy ounce. Crude oil for delivery in August fell 1.17% or 0.83 to hit $69.92 a barrel, and the September Brent oil contract slipped 0.55% or 0.41 to trade at $73.50 a barrel.
On the currency front, EUR/USD was effectively unchanged, recorded at 1.14 with a 0.09% move, while EUR/GBP was also virtually unchanged at 0.86 with a 0.07% move. The US Dollar Index Futures was up 0.11% at 100.99.
Context and implications
The market's modest advance was concentrated in construction, financial services and chemicals-related names, while renewable energy and telecom shares exerted downward pressure on the index. Broader market metrics and commodity prices showed mixed signals at the close.
Data points and figures in this article reflect closing session values as reported for the trading day in Madrid.