Spanish equities ended the session in negative territory on Wednesday, with the benchmark IBEX 35 closing down 1.71% after pressure concentrated in Financial Services & Real Estate, Consumer Services and Consumer Goods sectors.
At the close in Madrid the IBEX 35 registered the 1.71% decline. Declining issues outnumbered advancers on the Madrid Stock Exchange by 117 to 70, while 20 shares finished unchanged.
On an individual stock level, the top performers among IBEX 35 constituents were:
- Repsol (BME:REP) – rose 3.91% or 0.99 points to finish at 26.28.
- Grifols SA (BME:GRLS) – added 3.67% or 0.37 points to close at 10.35.
- Endesa SA (BME:ELE) – advanced 3.30% or 1.33 points to 41.58, marking a move to an all-time high during the session.
Conversely, the weakest performers for the day included:
- Caixabank SA (BME:CABK) – slipped 7.12% or 0.94 points to end at 12.26.
- Acerinox (BME:ACX) – fell 3.88% or 0.70 points to close at 17.36.
- Unicaja Banco SA (BME:UNI) – declined 3.80% or 0.13 points to 3.19.
In commodities, prices moved notably: Gold Futures for August delivery were down 0.68% or 27.30 to $4,011.40 a troy ounce. Oil contracts showed sizable gains - Crude oil for September delivery rose 7.18% or 5.69 to $84.95 a barrel, while the October Brent contract climbed 7.25% or 5.95 to trade at $88.03 a barrel.
Foreign exchange rates were broadly steady. EUR/USD was unchanged, moving 0.09% to 1.14, and EUR/GBP was essentially flat with a 0.02% change to 0.86. The US Dollar Index Futures was up 0.04% at 101.31.
Market breadth, individual movers and commodity flows combined to shape a trading session where energy and health-sector names registered gains while several regional banking and industrial names posted steep declines. Endesa's share price reached an all-time high during the session, and oil benchmarks advanced sharply as gold eased back.
The session data shows a market environment where a larger number of stocks fell than rose, with particular weakness concentrated in Financial Services & Real Estate and in Consumer-related sectors. Movements in commodities and the US dollar were modest to notable depending on the instrument.