Stock Markets July 16, 2026 12:08 PM

Madrid stocks slip as IBEX 35 ends modestly lower; construction and consumer services weigh

IBEX 35 finishes down 0.19% as gains in select names fail to offset sector-wide declines

By Sofia Navarro
Share
Twitter Reddit Facebook LinkedIn
AMA

Spain's equity market closed lower on Thursday, with the IBEX 35 easing 0.19% as losses in Building & Construction, Chemical, Petroleum & Plastic and Consumer Services stocks outpaced advances. Amadeus IT, Grifols and Acerinox were among the day's top performers, while Solaria, International Consolidated Airlines Group and Cellnex finished near the bottom of the index. Overall market breadth was slightly positive, with 100 advancing issues versus 89 decliners and 24 unchanged.

Madrid stocks slip as IBEX 35 ends modestly lower; construction and consumer services weigh
AMA
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • IBEX 35 fell 0.19%, closing at 19,238.40, a decline of 37.10 points.
  • Leading gainers included Amadeus IT, Grifols and Acerinox, while Solaria, IAG and Cellnex were among the biggest decliners.
  • Market breadth showed 100 advancing stocks, 89 declining and 24 unchanged; sectors hit included Building & Construction, Chemical, Petroleum & Plastic and Consumer Services.

Spain's benchmark equity gauge closed Thursday with a modest decline, as sectoral weakness in Building & Construction, Chemical, Petroleum & Plastic and Consumer Services contributed to the downward finish. At the close in Madrid the IBEX 35 fell 0.19%.

The index ended the session at 19,238.40, a retreat of 37.10 points from the previous close, representing the 0.19% decrease recorded at the market close.

Among individual movers, Amadeus IT (BME:AMA) led the list of winners on the IBEX 35, gaining 1.76% (up 0.88 points) to close at 50.78. Grifols SA (BME:GRLS) rose 1.24% (0.11 points) to finish at 9.13, and stainless-steel producer Acerinox (BME:ACX) added 1.17% (0.19 points) to close at 16.41.

On the downside, SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS) was the weakest performer among the index constituents, slipping 1.65% (0.31 points) to 18.19 at the close. International Consolidated Airlines Group S.A. (BME:ICAG) fell 1.42% (0.08 points) to end at 5.29, while Cellnex Telecom SA (BME:CLNX) declined 1.28% (0.32 points) to 24.74.

Market breadth was slightly positive despite the index decline: rising issues outnumbered decliners on the Madrid Stock Exchange by 100 to 89, and 24 stocks finished unchanged.

Commodities traded mixed during the session. Gold futures for August delivery fell 1.19% (down 48.05) to $4,003.75 a troy ounce. In oil markets, crude for August delivery eased 0.04% (0.03) to $79.57 a barrel, while the September Brent contract slipped 0.01% (0.01) to $84.94 a barrel.

Currency moves were limited. EUR/USD was effectively unchanged at 1.14 (movement noted as 0.20%), and EUR/GBP sat at 0.85 (unchanged at 0.25%). The US Dollar Index Futures was firmer, trading up 0.27% at 100.54.


Summary of session statistics and notable performers:

  • IBEX 35 - closed down 0.19% at 19,238.40 (-37.10 points).
  • Top IBEX gainers: Amadeus IT (AMA) +1.76%, Grifols (GRLS) +1.24%, Acerinox (ACX) +1.17%.
  • Top IBEX losers: Solaria (SLRS) -1.65%, International Consolidated Airlines Group (ICAG) -1.42%, Cellnex (CLNX) -1.28%.
  • Advancers versus decliners: 100 rising, 89 falling, 24 unchanged.
  • Key commodity and FX moves: Gold -1.19% to $4,003.75; Brent -0.01% to $84.94; US Dollar Index Futures +0.27% to 100.54.

The session underscored selective stock-level strength that was insufficient to offset losses concentrated in several sectors, leaving the IBEX 35 marginally lower at the close.

Risks

  • Sector concentration of losses - weakness in Building & Construction, Chemical, Petroleum & Plastic and Consumer Services may pressure related issuers and investor sentiment in those sectors.
  • Commodity price moves - declines in gold and slight weakness in crude and Brent could affect commodity-sensitive firms and related sectors.
  • Currency and dollar strength - a firmer US Dollar Index Futures may influence earnings and FX exposure for exporters and international businesses.

More from Stock Markets

EDP CEO Blames Member States for Slow Renewable Permitting Implementation Jul 16, 2026 Memory market takes a pause: pullback or pivot for Micron and SK Hynix Jul 16, 2026 Clear Street Opens Coverage of Payments, Backing Visa and Mastercard; Starts Block and PayPal at Hold Jul 16, 2026 Verizon to Shift 274 Stores to Franchise Model, Eliminating About 3,000 Corporate Retail Roles Jul 16, 2026 Micron Stock Plummets After Sharp Run-Up as Wall Street Splits Over Outlook Jul 16, 2026