Madrid's equity market finished the session in negative territory on Tuesday, with the IBEX 35 ending the day down 1.56%.
The market drop was driven by weakness in several key sectors, notably Building & Construction, Consumer Goods and Financial Services & Real Estate, which collectively weighed on the index.
On a stock-by-stock basis, Amadeus IT (BME:AMA) was among the stronger performers, closing up 2.22% - a gain of 1.14 points - to finish at 52.52. Naturgy Energy Group SA (BME:NTGY) also advanced, adding 0.97% or 0.26 points to end the session at 27.02, and energy major Repsol (BME:REP) rose 0.90%, gaining 0.20 points to close at 22.53.
At the other end of the leaderboard, several construction-related stocks posted notable declines. ACS Actividades de Construccion y Servicios SA (BME:ACS) led the laggards, slipping 5.22% - down 7.10 points - to trade at 128.90 at the close. Acciona (BME:ANA) fell 4.26%, a loss of 11.40 points, finishing at 256.00, while Corporacion Acciona Energias Renovables SA (BME:ANE) declined 3.85% or 0.94 points to 23.46.
Breadth on the Madrid exchange was negative: falling issues outnumbered advancing ones by 131 to 53, and 24 stocks finished unchanged.
Commodities and currency futures showed varied moves during the session. Gold Futures for June delivery decreased 1.11% - down 52.69 - to $4,676.01 a troy ounce. In energy markets, Crude oil for June delivery climbed 3.56%, rising by 3.49 to $101.56 a barrel, and the July Brent contract increased 3.36%, up 3.50 to trade at $107.71 a barrel.
On the currencies front, EUR/USD was unchanged 0.41% at 1.17, and EUR/GBP was unchanged 0.25% at 0.87. The US Dollar Index Futures advanced 0.45% to 98.26.
Session snapshot:
- IBEX 35 -1.56% to close at 17,573.60 (down 278.90 points)
- Top gainers included: Amadeus IT (BME:AMA) +2.22%, Naturgy (BME:NTGY) +0.97%, Repsol (BME:REP) +0.90%
- Top decliners included: ACS (BME:ACS) -5.22%, Acciona (BME:ANA) -4.26%, Acciona Energias Renovables (BME:ANE) -3.85%
- Market breadth: 131 declining stocks, 53 advancing, 24 unchanged
The session data underscore a market where losses were concentrated among construction and related industrial names, while energy and travel-linked stocks provided pockets of support. Currency and commodity moves were mixed, with oil prices higher and gold lower, and the US dollar posting a modest gain by futures.