Stocks in Spain finished lower at the close on Monday, with the IBEX 35 shedding 0.30% in Madrid as losses concentrated in the Consumer Services, Financial Services & Real Estate and Building & Construction sectors pressured the market.
At the close, the benchmark index registered a decline of 0.30%.
Top performers
- Repsol (BME:REP) led gains on the IBEX 35, rising 4.07% — up 0.94 points to close at 24.06.
- Telefonica (BME:TEF) added 2.64% — a 0.09-point increase to finish at 3.62.
- Acerinox (BME:ACX) climbed 2.31%, gaining 0.37 points to end the session at 16.37.
Largest decliners
- SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS) recorded a 2.37% fall, down 0.44 points to 18.31 at the close.
- International Consolidated Airlines Group S.A. (BME:ICAG) declined 2.21% — a 0.12-point drop to 5.40.
- Amadeus IT (BME:AMA) was down 1.58%, falling 0.80 points to close at 49.94.
Market breadth in Madrid showed more falling issues than advancing ones: 102 stocks declined, 78 advanced and 29 finished unchanged.
Commodities
Gold Futures for August delivery fell 2.23%, a decline of 91.58, to $4,022.12 a troy ounce. Oil posted gains across major contracts: crude for August delivery rose 4.93% or 3.52 to reach $74.93 a barrel, while the September Brent contract increased 4.96% or 3.77 to trade at $79.78 a barrel.
Foreign exchange and indices
EUR/USD was essentially unchanged, moving 0.11% to 1.14, and EUR/GBP was unchanged at 0.85, a 0.09% move. The US Dollar Index Futures advanced 0.16% to 100.92.
This session’s movements reflect concentrated weakness in select service, financial and construction-related sectors, offset in part by strength among certain energy and industrial names. The commodity complex showed a divergence with gold lower and crude oil notably higher.