Madrid equity markets finished the session higher on Friday, with sector-level advances in Financial Services & Real Estate, Consumer Services and Building & Construction driving broad gains across the exchange.
The benchmark IBEX 35 index closed up 2.59%, reaching a new all-time high at the end of trading in Madrid.
Top and bottom movers
On the IBEX 35, Corporacion Acciona Energias Renovables SA (BME:ANE) was the session's strongest performer, jumping 12.89% - a rise of 2.76 points - to finish at 24.18. Parent Acciona (BME:ANA) also posted a strong gain, climbing 10.37% or 24.40 points to close at 259.60. International Consolidated Airlines Group S.A. (BME:ICAG) advanced 6.79%, up 0.32 points, to end the day at 5.03.
By contrast, Repsol (BME:REP) was the weakest member of the index, falling 4.90% or 1.17 points to trade at 22.72 at the close. Naturgy Energy Group SA (BME:NTGY) slipped 0.68%, down 0.20 points to 29.36, while Iberdrola (BME:IBE) decreased 0.15% or 0.03 points to 20.31.
Breadth and participation
Advancers outnumbered decliners on the Madrid Stock Exchange by 153 to 39, and 18 stocks finished unchanged.
Commodities and currencies
Gold futures for August delivery rose 2.89% - up 118.72 - to $4,232.72 a troy ounce. In the oil complex, July delivery crude oil fell 3.35% or $2.94 to $84.77 a barrel, while the August Brent contract dropped 3.54% or $3.20 to $87.18 a barrel.
In foreign exchange, EUR/USD was reported unchanged at 0.06% to 1.16, and EUR/GBP was unchanged at 0.00% to 0.86. The US Dollar Index Futures declined 0.08% to 99.77.
Context summary
Friday's session in Madrid was marked by a broad-based rally that produced a record close for the IBEX 35. Renewable energy, construction and airline stocks were among the biggest drivers of the move higher, while energy and utility names weighed on the index. Commodity markets showed divergent moves, with gold strengthening as crude oil and Brent fell. Currency measures remained largely steady in the reported close figures.