Spain's equity market ended the trading day in negative territory on Tuesday, with the benchmark IBEX 35 closing down 4.55% and reaching a new one-month low.
Sector drivers and breadth
Shares in the Financial Services & Real Estate, Building & Construction and Consumer Services sectors were among the main drags on the market, contributing to the session's broad losses. On the Madrid Stock Exchange overall, decliners outnumbered advancers by a margin of 186 to 20, and 9 stocks finished unchanged.
Top and bottom performers on the IBEX 35
- Repsol (BME:REP) was the best-performing stock on the IBEX 35, rising 3.29% or 0.66 points to close at 20.70. The stock's move marked a rise to five-year highs.
- Indra A (BME:IDR) slipped 1.84% or 1.15 points, ending the session at 61.30.
- Laboratorios Farmaceuticos ROVI (BME:ROVI) declined 2.23% or 1.85 points to finish at 81.25.
On the downside, several names posted sizeable losses:
- Acciona (BME:ANA) fell 11.77% or 29.00 points to close at 217.40.
- SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS) dropped 10.46% or 2.20 points to end the day at 18.89.
- Acerinox (BME:ACX) was down 9.46% or 1.27 points, settling at 12.16.
Commodities and energy
Commodity markets showed notable moves during the session. Gold Futures for April delivery were reported down 3.93% or 208.70 to $5,102.90 a troy ounce. In energy markets, crude oil for April delivery rose 6.78% or 4.83 to $76.06 a barrel, while the May Brent oil contract gained 6.80% or 5.29 to trade at $83.03 a barrel.
Currency and index futures
Foreign exchange and index futures also moved: EUR/USD was down 0.83% to 1.16, while EUR/GBP was essentially unchanged, moving 0.10% to 0.87. The US Dollar Index Futures was up 0.85% at 99.18.
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