Spanish stocks ended the trading day stronger on Wednesday, with the benchmark IBEX 35 finishing up 2.51% at the close in Madrid. Sector strength was led by Financial Services & Real Estate, Telecoms & IT and Consumer Services, which together underpinned the broader advance.
The session's top performers on the IBEX 35 were:
- Amadeus IT (BME:AMA) - rose 5.56% (up 2.78 points) to close at 52.76.
- Acerinox (BME:ACX) - gained 5.35% (up 0.65 points) to finish at 12.81.
- Indra A (BME:IDR) - advanced 5.22% (up 3.20 points) to 64.50; the stock reached all-time highs in the session.
On the downside, the largest decliners included:
- Repsol (BME:REP) - fell 2.42% (down 0.50 points) to close at 20.20.
- Enagas (BME:ENAG) - dropped 0.99% (down 0.15 points) to end the day at 14.53.
- Laboratorios Farmaceuticos ROVI (BME:ROVI) - slipped 0.61% (down 0.50 points) to 81.00.
Market breadth in Madrid favored advancing issues by a margin of 151 to 43, with 19 stocks finishing unchanged. The session featured broad participation across several key sectors, contributing to the IBEX 35's lift.
In commodities trading, Gold Futures for April delivery rose 0.62% (an increase of 31.64) to $5,155.34 a troy ounce. Energy contracts moved lower: Crude oil for April delivery fell 0.17% (down 0.13) to $74.43 a barrel, while the May Brent contract declined 0.20% (down 0.16) to $81.24 a barrel.
Currency and index moves were mixed. EUR/USD stood at 1.16 after a 0.22% move, and EUR/GBP was at 0.87 following a 0.18% move. The US Dollar Index Futures was down 0.24% at 98.77.
Overall, the session in Madrid featured a clear tilt toward gains, with select industrials and technology-linked names among the day’s best performers and energy and utilities among those that lagged.