Spain Stocks Lower at Close of Trade; Ibex 35 Down 0.06%
Investing.com – Spain stocks were lower after the close on Monday, as losses in the financial, technology, and healthcare sectors led shares lower.
At the close in Madrid, the IBEX 35 fell 0.06%.
The best performers of the session on the IBEX 35 were Inmobiliaria Colonial SA (BME:), which rose 2.91%, Telefonica (BME:) added 1.51%, and Acciona (BME:) was up 1.39% in late trade.
The worst performers of the session were Fluidra (BME:), Industria de Diseno Textil SA (BME:), and Laboratorios Farmaceuticos ROVI (BME:).
Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 101 to 79, with 36 ending unchanged.
Gold Futures for December delivery were up 0.24% to $2,533.60 a troy ounce. Crude oil for delivery in October rose 0.95% to $74.25 a barrel, while the November Brent oil contract rose 0.74% to $77.50 a barrel.
EUR/USD was unchanged at 1.11, while EUR/GBP remained unchanged at 0.84.
The US Dollar Index Futures was unchanged at 101.62.
Analysis:
In summary, Spain's stock market experienced a slight decline, with the IBEX 35 falling by 0.06%. The financial, technology, and healthcare sectors were the main contributors to this decline. However, some companies such as Inmobiliaria Colonial SA, Telefonica, and Acciona performed well during the trading session. On the other hand, Fluidra, Industria de Diseno Textil SA, and Laboratorios Farmaceuticos ROVI were among the worst performers. Overall, the market saw more rising stocks than declining ones. In commodities, gold and oil prices experienced slight increases. Currency pairs like EUR/USD and EUR/GBP remained stable, while the US Dollar Index Futures showed no significant change.
