Spain's stock market ended Thursday's session in negative territory, with the IBEX 35 finishing down 0.14% at the close in Madrid. Market weakness was concentrated in the Financial Services & Real Estate, Consumer Goods and Building & Construction sectors, which collectively dragged the benchmark lower.
Top and bottom movers
The session's strongest performers on the IBEX 35 included Repsol (BME:REP), which rose 3.90% or 0.91 points to trade at 24.27 at the close. Redeia Corporacion SA (BME:REDE) added 2.52% or 0.37 points, ending the day at 15.06, while Cellnex Telecom SA (BME:CLNX) advanced 2.07% or 0.58 points to 28.62 in late trade.
On the downside, ArcelorMittal SA (BME:MTS) led decliners, falling 2.31% or 1.08 points to 45.59 at the close. Banco de Sabadell SA (BME:SABE) slipped 2.14% or 0.07 points to finish at 3.06, and Bankinter (BME:BKT) was down 1.77% or 0.25 points to 13.59.
Market breadth
Decliners outpaced advancers on the Madrid Stock Exchange, with 104 stocks falling versus 93 advancing. Ten issues ended the session unchanged.
Commodities
Commodity markets posted mixed moves during the session. Gold Futures for June delivery was down 2.74% or 131.90 to $4,681.20 a troy ounce. Crude oil for delivery in May rose 11.16% or 11.17 to hit $111.29 a barrel, while the June Brent oil contract climbed 6.34% or 6.41 to trade at $107.57 a barrel.
Currencies and FX
Foreign-exchange measures were largely stable. EUR/USD was unchanged 0.41% to 1.15, while EUR/GBP unchanged 0.16% to 0.87. Meanwhile, the US Dollar Index Futures was up 0.34% at 99.80.
Overall, the session left the IBEX 35 modestly lower amid sectoral pressure from financials, consumer goods and construction-related names, even as select energy and telecommunications stocks posted gains.