Spanish equities finished Tuesday's session in positive territory, with the IBEX 35 climbing 0.21% to close at a fresh all-time high. Strength in Telecoms & IT, Consumer Goods and Financial Services & Real Estate was responsible for much of the upward pressure on the index.
At the close in Madrid, the benchmark index recorded a gain of 0.21%.
Top performers
- ArcelorMittal SA (BME:MTS) led the list of risers, advancing 4.24% or 2.62 points to finish at 64.42.
- Amadeus IT (BME:AMA) added 2.24% or 1.24 points to end the day at 56.56.
- Sacyr SA (BME:SCYR) rose 1.77% or 0.08 points to close at 4.71.
Largest decliners
- Acciona (BME:ANA) recorded the steepest drop, falling 7.09% or 16.40 points to close at 214.80.
- Corporacion Acciona Energias Renovables SA (BME:ANE) declined 2.72% or 0.58 points to finish at 20.76.
- Endesa SA (BME:ELE) slipped 1.45% or 0.61 points to end the session at 41.58.
Market breadth on the Madrid Stock Exchange favored advancers: 110 stocks rose, 84 fell and 18 were unchanged.
Shares of ArcelorMittal SA (BME:MTS) were noted as reaching five-year highs during the session, closing up 4.24% at 64.42.
Commodities and currency moves
In commodity markets, December gold futures were higher, gaining 1.29% or 52.59 to settle at $4,143.09 a troy ounce. Oil prices moved lower: crude oil for September delivery fell 5.41% or 4.35 to $75.99 a barrel, while the October Brent contract slipped 5.25% or 4.40 to trade at $79.37 a barrel.
On the currency front, EUR/USD was essentially unchanged, moving 0.11% to 1.15, while EUR/GBP was marked unchanged at 0.86, a 0.07% move. The US Dollar Index Futures was unchanged at 0.00% to 99.78.
Context and market snapshot
The IBEX 35 closed at 20,023.60, up 41.00 points or 0.21% for the session. Selected tickers showing session moves included ES35 +0.21%, ANA -7.09%, SCYR +1.77%, GC +1.25%, LCO -5.01%, CL -5.14%, ELE -1.45%, AMA +2.24%, ICMS.MA +0.94%, and ANE -2.72%.
Overall, the session combined broad sector-supported gains that lifted the index to a record close with pronounced individual stock volatility and notable commodity swings.