Spain's benchmark stock index closed higher on Thursday, with the IBEX 35 ending the session up 0.64% in Madrid. Sector-level advances in Chemical, Petroleum & Plastic, Consumer Goods and Consumer Services were among the drivers of the broader market rise.
At the individual stock level, International Consolidated Airlines Group S.A. (BME:ICAG) was the top performer on the IBEX 35, climbing 2.57% - a gain of 0.14 points - to finish at 5.66. The shares reached a five-year high during the session.
Energy names also contributed to the upside. Repsol (BME:REP) rose 2.00%, adding 0.42 points to close at 21.44. Endesa SA (BME:ELE) advanced 1.81%, an increase of 0.70 points, to finish at 39.47; Endesa's shares reached an all-time high in the session.
On the downside, Indra A (BME:IDR) registered the steepest decline among IBEX 35 components, falling 7.26% or 3.71 points to trade at 47.39 at the close. Telecom operator Cellnex Telecom SA (BME:CLNX) slipped 2.34%, a drop of 0.68 points, to end at 28.32. Infrastructure and renewable group Acciona (BME:ANA) was down 1.69% or 4.60 points, closing at 267.40.
Market breadth on the Madrid exchange was slightly positive at the close: 99 stocks rose versus 88 that fell, and 26 finished unchanged.
Commodities moved higher in late trading. Gold futures for August delivery rose 1.05%, gaining 42.25 to trade at $4,051.05 per troy ounce. Crude oil futures for August delivery increased 1.78%, up 1.25 to $71.59 a barrel, while the September Brent contract climbed 1.57%, adding 1.16 to reach $75.03 a barrel.
In currency markets, EUR/USD was essentially flat, unchanged by 0.20% at 1.14, and EUR/GBP was also unchanged at 0.86, a 0.17% move. The US Dollar Index Futures retreated 0.26% to 101.13.
Below is a concise recap of the session's notable statistics:
- IBEX 35 closing change: +0.64%
- Leading gainers: International Consolidated Airlines Group S.A. (ICAG) +2.57%, Repsol (REP) +2.00%, Endesa SA (ELE) +1.81%
- Largest decliners: Indra A (IDR) -7.26%, Cellnex Telecom SA (CLNX) -2.34%, Acciona (ANA) -1.69%
- Market breadth: 99 advancers, 88 decliners, 26 unchanged
- Key commodity moves: Gold (Aug) +1.05% to $4,051.05/oz; WTI Crude (Aug) +1.78% to $71.59/bbl; Brent (Sep) +1.57% to $75.03/bbl
- FX: EUR/USD unchanged at 1.14; EUR/GBP unchanged at 0.86; US Dollar Index Futures -0.26% to 101.13
The session combined gains in energy and utility stocks with selective weakness in technology and infrastructure names, resulting in a modestly positive close for Spanish equities. No additional corporate announcements or external events were cited in the session data to account for the individual moves recorded.