Spain's equity market finished the trading day lower on Monday as sector-level losses across Chemical, Petroleum & Plastic, Consumer Goods and Building & Construction exerted downward pressure on the IBEX 35. At the close in Madrid the index fell 0.85%.
Among individual stocks, Indra A (BME:IDR) was the session's top performer on the IBEX 35, advancing 1.71% or 0.88 points to finish at 52.32. Air carrier International Consolidated Airlines Group S.A. (BME:ICAG) gained 1.58% or 0.09 points to end the day at 5.66, while Banco de Sabadell SA (BME:SABE) added 1.38% or 0.04 points to close at 3.23.
On the downside, Cellnex Telecom SA (BME:CLNX) led the decliners, slipping 3.07% or 0.82 points to trade at 25.86 at the close. Steelmaker ArcelorMittal SA (BME:MTS) fell 2.63% or 1.54 points to 57.00, and Acciona (BME:ANA) declined 2.56% or 7.00 points to finish at 266.40.
Market breadth on the Madrid Stock Exchange was slightly negative, with 100 stocks falling versus 95 advancers, and 16 names unchanged.
Commodities saw mixed movement. Gold futures for August delivery rose 0.73% or 29.99 to $4,155.69 a troy ounce. In the oil complex, crude oil for August delivery was down 0.03% or 0.02 to $68.67 a barrel, while the September Brent contract slipped 0.03% or 0.02 to trade at $72.10 a barrel.
In currency markets, EUR/USD was unchanged at 1.14, reflecting a 0.10% move noted in the session, while EUR/GBP held steady at 0.85, unchanged at 0.20%. The US Dollar Index Futures rose 0.16% to 100.78.
Market snapshot
- IBEX 35 -0.85% at close
- Top gainers: Indra A (IDR) +1.71%, International Consolidated Airlines Group (ICAG) +1.58%, Banco de Sabadell (SABE) +1.38%
- Top losers: Cellnex Telecom (CLNX) -3.07%, ArcelorMittal (MTS) -2.63%, Acciona (ANA) -2.56%
- Gold (Aug) +0.73% to $4,155.69 per troy ounce
- Crude oil (Aug) -0.03% to $68.67 per barrel; Brent (Sep) -0.03% to $72.10 per barrel
- EUR/USD ~1.14; EUR/GBP ~0.85; US Dollar Index Futures ~100.78
The session's profile shows modest dispersion among sectors and individual stocks: a small group of financial and industrial names posted gains while telecom, steel and infrastructure-related equities posted larger declines. Overall, the IBEX 35 moved lower in a day of relatively contained commodity and FX volatility.