Spain Stocks Tumble; IBEX 35 Hits New 1-Month Low

Mark Eisenberg
Photo: Finoracle.net

Spain Stocks Lower at Close of Trade; IBEX 35 Down 0.30%

At the close of trade in Madrid, the IBEX 35 index fell by 0.30%, reaching a new 1-month low.

Top Performers

Among the top performers on the IBEX 35:

  • Bankinter rose by 1.09% or 0.08 points to close at 7.63.
  • Industria de Diseno Textil SA added 1.04% or 0.48 points to end at 46.44.
  • Telefonica increased by 1.02% or 0.04 points to finish at 4.15.

Worst Performers

On the downside:

  • SOLARIA ENERGIA Y MEDIO AMBIENTE dropped 4.06% or 0.51 points, closing at 12.05.
  • Acciona fell by 3.72% or 4.30 points to end at 111.30.
  • Ferrovial decreased by 2.89% or 1.06 points, finishing at 35.56.

Market Movements

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 101 to 96, with 22 stocks remaining unchanged.

Commodities & Currency Rates

  • Gold Futures for August delivery fell by 0.85% or 19.85 to $2,329.25 a troy ounce.
  • Crude oil for delivery in August rose by 1.14% or 0.89 to hit $78.94 a barrel.
  • The August Brent oil contract increased by 1.07% or 0.88 to trade at $83.50 a barrel.

Currency Exchange Rates

  • EUR/USD was stable, changing only by 0.21% to 1.07.
  • EUR/GBP remained almost unchanged, changing by 0.15% to 0.84.

The US Dollar Index Futures declined slightly by 0.08%, standing at 105.08.

This concise summary gives a snapshot of the performance of Spain’s stocks and their impact on the IBEX 35 index, along with updates on commodities and currency exchange rates. The article employs clear examples and highlights key statistics to make it user-friendly for all readers.

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Mark Eisenberg is a financial analyst and writer with over 15 years of experience in the finance industry. A graduate of the Wharton School of the University of Pennsylvania, Mark specializes in investment strategies, market analysis, and personal finance. His work has been featured in prominent publications like The Wall Street Journal, Bloomberg, and Forbes. Mark’s articles are known for their in-depth research, clear presentation, and actionable insights, making them highly valuable to readers seeking reliable financial advice. He stays updated on the latest trends and developments in the financial sector, regularly attending industry conferences and seminars. With a reputation for expertise, authoritativeness, and trustworthiness, Mark Eisenberg continues to contribute high-quality content that helps individuals and businesses make informed financial decisions.​⬤