Spain's stock market closed higher on Thursday as gains across several sectors pushed the benchmark to a fresh record. The IBEX 35 added 1.37% at the close in Madrid, marking a new all-time high.
Market movers
The session's strongest performers on the IBEX 35 included ArcelorMittal SA (BME:MTS), which climbed 5.95% or 3.10 points to finish at 55.16. Indra A (BME:IDR) advanced 4.36% or 2.16 points to close at 51.70, and Sacyr SA (BME:SCYR) rose 3.66% or 0.17 points to end the session at 4.81.
On the downside, Acciona (BME:ANA) slipped 1.47% or 4.00 points to close at 268.60. Merlin Properties SA (BME:MRL) dropped 1.31% or 0.20 points to finish at 15.11, while ACS Actividades de Construccion y Servicios SA (BME:ACS) declined 0.89% or 1.10 points to 123.00 in late trade.
Breadth and volume
Advancing issues markedly outnumbered decliners on the Madrid Stock Exchange, with 142 stocks rising versus 48 that fell; 23 ended the day unchanged.
Commodities and foreign exchange
In commodities markets, Gold Futures for August delivery were stronger, up 1.35% or 55.19 to $4,137.59 a troy ounce. Crude oil for August delivery fell 0.96% or 0.66 to $67.92 a barrel, while the September Brent oil contract declined 0.91% or 0.65 to trade at $70.92 a barrel.
On foreign exchange markets, EUR/USD rose 0.57% to 1.14 and EUR/GBP was essentially unchanged, up 0.05% to 0.86. The US Dollar Index Futures eased 0.60% to 100.54.
The market close reflected sector-led strength in consumer services, telecoms and technology, and financial services and real estate, while select names in construction and property gave back ground by the day's end.