Spain's equity benchmark registered a decline at the close of trading on Monday, with sector-level weakness in Consumer Goods, Consumer Services and Telecoms & IT contributing to the downward pressure.
By the Madrid close the IBEX 35 had slipped 0.76%, settling at a level that the market characterized as a new one-month low.
Among constituents, Banco de Sabadell SA (BME:SABE) was the session's top performer on the IBEX 35, finishing up 1.30% - an increase of 0.04 points - to close at 3.03. Endesa SA (BME:ELE) also gained ground, adding 1.02% or 0.34 points to end the day at 33.60. Repsol (BME:REP) climbed 0.92%, or 0.19 points, to finish at 20.95 in late trade.
On the downside, Fluidra (BME:FLUI) led losses, tumbling 4.71% - a drop of 1.00 point - to 20.24 at the close. ArcelorMittal SA (BME:MTS) fell 4.70% or 2.25 points to end at 45.65, and Merlin Properties SA (BME:MRL) declined 3.38%, down 0.48 points, to finish at 13.74.
Decliners outnumbered advancers on the Madrid exchange by 150 to 55, with 12 stocks unchanged at the close.
Repsol's share price was noted to have reached a five-year high during the session, finishing up 0.92% or 0.19 at 20.95.
Commodities displayed divergent trends in Monday's trading. Gold Futures for April delivery fell 0.93% - a decrease of 48.06 - to $5,110.64 a troy ounce. In contrast, crude oil for April delivery rose 4.53% or 4.12 to $95.02 a barrel, while the May Brent contract climbed 7.81% or 7.24 to trade at $99.93 a barrel.
In foreign exchange and related futures, EUR/USD was unchanged 0.28% to 1.16, and EUR/GBP was unchanged 0.10% to 0.87. The US Dollar Index Futures increased 0.12% to 99.10.
Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 2 out of 3 global portfolios are beating their benchmark indexes, with 88% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar? Pick Stocks with AI