Spanish equities ended Wednesday's session with a pronounced gain, the IBEX 35 closing up 3.11% in Madrid. Strength was concentrated in a handful of sectors, notably Building & Construction, Financial Services & Real Estate and Consumer Goods, which collectively underpinned the rally.
Top and bottom performers
The standout performer on the IBEX 35 was ACS Actividades de Construccion y Servicios SA (BME:ACS), which climbed 7.06% - a rise of 7.40 points - to close at 112.20, marking an all-time high for the stock. ArcelorMittal SA (BME:MTS) also posted a strong session, adding 6.55% or 2.87 points to finish at 46.71. International Consolidated Airlines Group S.A. (BME:ICAG) advanced 5.82% or 0.23 points to close at 4.25.
On the downside, Repsol (BME:REP) registered the largest loss on the index, falling 5.23% or 1.29 points to end the day at 23.36. Enagas (BME:ENAG) decreased 1.05% or 0.18 points to 16.96, while Naturgy Energy Group SA (BME:NTGY) edged down 0.08% or 0.02 points to 25.88.
Market breadth and internals
Advancers outpaced decliners on the Madrid Stock Exchange by a substantial margin: 164 stocks rose, 37 fell and 10 finished unchanged. That breadth contributed to the IBEX 35's robust finish.
Commodities and currencies
Commodity markets displayed mixed moves during the session. Gold futures for June delivery were up 2.84% - a gain of 132.97 - to trade at $4,811.57 per troy ounce. In contrast, crude oil prices fell: the contract for May delivery declined 1.40% or 1.42 to $99.96 a barrel, while the June Brent contract slipped 1.82% or 1.89 to $102.08 a barrel.
In foreign exchange trading, EUR/USD rose 0.51% to 1.16, while EUR/GBP was unchanged 0.19% to 0.87. The US Dollar Index Futures moved lower, down 0.53% to 99.23.
Key takeaways
- The IBEX 35 closed up 3.11% on the day, supported by sector-level gains in construction, financial services and consumer goods.
- ACS reached an all-time high, rising 7.06% to 112.20; ArcelorMittal and IAG were also notable gainers.
- Energy names were among the laggards, with Repsol down 5.23% at 23.36; broader commodity moves were mixed, as gold jumped while crude oil fell.
This report summarizes intraday moves and closing prices; it confines itself to the figures and market outcomes recorded at the close in Madrid.