Stock Markets May 13, 2026 12:05 PM

Madrid Stocks Close Higher as Industrial and Renewable Names Lead Gains

IBEX 35 rises 0.46% with ArcelorMittal, Acerinox and Acciona Energías Renovables among top performers

By Nina Shah IDR AMA

Spain's benchmark index closed higher on Wednesday, driven by advances in Consumer Goods, Building & Construction and Financial Services & Real Estate sectors. The IBEX 35 gained 0.46% at the close in Madrid, with ArcelorMittal, Acerinox and Corporacion Acciona Energias Renovables posting the largest increases. Several blue-chips, including Indra A, Amadeus IT and ROVI, finished lower. Commodities and currency contracts showed mixed moves.

Madrid Stocks Close Higher as Industrial and Renewable Names Lead Gains
IDR AMA

Key Points

  • IBEX 35 closed up 0.46% at the Madrid session close, with sector leadership from Consumer Goods, Building & Construction and Financial Services & Real Estate.
  • Top individual gainers included ArcelorMittal (MTS) +6.98%, Acerinox (ACX) +3.27%, and Corporacion Acciona Energias Renovables (ANE) +2.31%; notable decliners were Indra A (IDR) -3.15%, Amadeus IT (AMA) -2.86%, and ROVI (ROVI) -2.62%.
  • Commodities and FX showed mixed moves: Gold futures rose, both Brent and WTI crude fell, and the US Dollar Index Futures was up 0.20%.

Spanish equities ended the trading session higher on Wednesday as sector strength in Consumer Goods, Building & Construction and Financial Services & Real Estate pushed the market up.

At the close in Madrid, the IBEX 35 gained 0.46%.

The session's strongest performers on the IBEX 35 included ArcelorMittal SA (BME:MTS), which climbed 6.98% or 3.58 points to finish at 54.84. Acerinox (BME:ACX) rose 3.27% or 0.46 points to close at 14.53, and Corporacion Acciona Energias Renovables SA (BME:ANE) advanced 2.31% or 0.54 points to end the day at 23.94.

On the downside, Indra A (BME:IDR) posted the largest loss among the main names, slipping 3.15% or 1.61 points to close at 49.49. Amadeus IT (BME:AMA) declined 2.86% or 1.50 points to finish at 50.90, and Laboratorios Farmaceuticos ROVI (BME:ROVI) was down 2.62% or 1.60 points to settle at 59.50.

Market breadth in Madrid was narrowly positive: advancing issues outnumbered decliners by 97 to 87, while 26 shares closed unchanged.


Commodities and foreign exchange contracts also moved during the session. Gold Futures for June delivery rose 0.44% or 20.75 to $4,707.45 a troy ounce. Crude oil for June delivery fell 0.37% or 0.38 to $101.80 a barrel, and the July Brent oil contract lost 1.48% or 1.60 to trade at $106.17 a barrel.

In currency markets, EUR/USD was effectively unchanged, moving 0.21% to 1.17, while EUR/GBP was little changed at 0.87, up 0.07%. The US Dollar Index Futures gained 0.20% to 98.38.

Additional tickers and market indicators referenced during the session included ES35, ACX, IDR, DX, GC, LCO, CL, AMA, ROVI and ANE.


Overall, Wednesday's close left the IBEX 35 higher as select industrials and renewable energy names led gains, while several technology and pharmaceutical-related stocks weighed on performance.

Risks

  • Concentrated weakness in individual large-cap names - declines in Indra A, Amadeus IT and ROVI could apply downward pressure on sector indices and investor sentiment.
  • Commodities volatility - declines in crude oil benchmarks (June crude and July Brent) may affect energy-related components and companies exposed to oil prices.
  • Narrow market breadth - with 97 advancers versus 87 decliners and 26 unchanged, the market's gains were not broadly distributed across all shares.

More from Stock Markets

Fervo Energy Pops 33% on Nasdaq Debut After $1.89 Billion IPO May 13, 2026 Fervo Energy's Nasdaq Debut Values Company at $10.21 Billion After Strong First-Day Rally May 13, 2026 Mistral develops cybersecurity AI model for European banks May 13, 2026 Intuit Shares Slide Ahead of Earnings Despite Mid-Market Product Upgrades May 13, 2026 Wall Street Lift for Zebra Technologies as KeyBanc Sees 26% Upside May 13, 2026