Spain's stock market ended the trading day in positive territory on Monday, with the IBEX 35 finishing up 0.57% and closing at a fresh record high. The advance was driven by strength in several sector groups, notably Financial Services & Real Estate, Chemical, Petroleum & Plastic and Consumer Services.
At the close in Madrid, gains were led by ArcelorMittal SA (BME:MTS), which rose 2.77% - equal to a 1.52 point increase - to settle at 56.32. Telefonica (BME:TEF) added 2.10%, gaining 0.08 points to end the session at 3.65, and Endesa SA (BME:ELE) climbed 1.72%, up 0.54 points to close at 32.01.
Not all names participated in the rally. Indra A (BME:IDR) was the weakest performer on the IBEX 35, falling 3.52% or 1.90 points to finish at 52.15. Amadeus IT (BME:AMA) declined 2.98%, a 1.46 point drop to 47.54, and International Consolidated Airlines Group S.A. (BME:ICAG) slipped 1.74% or 0.09 points to 4.92.
On market breadth, decliners outnumbered advancers on the Madrid Stock Exchange by 97 to 85, with 24 issues unchanged at the close.
Notably, shares of ArcelorMittal SA reached five-year highs during the session, reflecting a 2.77% or 1.52 point rise to the 56.32 close.
Commodities trading showed mixed moves alongside equity markets. Gold futures for April delivery rose substantially, up 2.93% or 148.84 to $5,229.74 a troy ounce. By contrast, crude oil for April delivery edged lower, falling 0.24% or 0.16 to $66.32 a barrel, while the May Brent contract was down 0.24% or 0.17 to trade at $71.13 a barrel.
In currency and index moves, EUR/USD was unchanged 0.20% to 1.18, and EUR/GBP was unchanged 0.06% to 0.87. The US Dollar Index Futures declined 0.22% to 97.51.
The session highlighted a selective rally across Spain's market, with winners concentrated in several sectors and a handful of prominent laggards weighing on breadth measures as the IBEX 35 recorded a new high.