Madrid stocks finished the session higher on Thursday, with the IBEX 35 closing up 1.14% as gains in Consumer Goods, Financial Services & Real Estate and Building & Construction lifted the index.
At the close in Madrid the IBEX 35 registered a final reading of 19,322.80, an increase of 218.50 points, or 1.14%.
Top movers
- Acciona (BME:ANA) led the index's advances, climbing 3.04% - a rise of 7.40 points - to finish at 250.60.
- Unicaja Banco SA (BME:UNI) added 2.47%, or 0.08 points, to close at 3.24.
- Banco de Sabadell SA (BME:SABE) rose 2.42%, also gaining 0.08 points to end the day at 3.18.
Lagging names
- Indra A (BME:IDR) was the weakest on the IBEX 35, falling 2.23% or 1.13 points to a close of 49.47.
- Cellnex Telecom SA (BME:CLNX) declined 2.18%, losing 0.55 points to settle at 24.72.
- Telefonica (BME:TEF) slipped 0.97%, or 0.03 points, to 3.48 at the close.
Market breadth favoured gainers: 139 stocks rose versus 44 that fell, while 29 shares finished unchanged on the Madrid exchange.
Cellnex's shares fell to levels described as five-year lows within the session, sliding 2.18% or 0.55 to 24.72.
Commodities and currencies
In commodities, Gold Futures for August delivery were higher, up 1.35% or 55.22 to $4,137.62 a troy ounce. Crude oil posted declines: the August contract fell 1.86% or $1.37 to $72.15 a barrel, while the September Brent contract dropped 1.83% or $1.43 to $76.59 a barrel.
On currency markets EUR/USD was effectively unchanged, moving 0.21% to 1.14, and EUR/GBP was flat at 0.85, changing 0.01% within the session.
The US Dollar Index Futures was quoted down 0.10% at 100.65.
This session combined sector leadership from consumer goods and select financials with weakness in certain technology and telecom names, producing a net positive result for the benchmark by the close.