Market Overview#
Spain's stock market ended lower on Tuesday, with the IBEX 35 index dropping by 0.53%. This decline was primarily influenced by losses in the Consumer Services, Financial Services, and Real Estate sectors.
Top Performers#
Despite the overall downturn, some companies saw gains. Puig Brands SA led the way, increasing by 5.82%, closing at 18.73. Repsol also performed well, rising 2.53% to finish at 20.66. Endesa SA saw a modest increase of 1.12%, closing at 38.00.
Notable Declines#
On the other hand, several companies faced significant losses. International Consolidated Airlines Group S.A. fell by 2.02%, ending at 4.51. Banco Bilbao Vizcaya Argentaria SA dropped 1.96% to close at 19.23, while Cellnex Telecom SA decreased by 1.92%, finishing at 28.15. Overall, declining stocks outnumbered those that rose, with 105 declines compared to 81 gains, and 27 stocks remained unchanged.
Commodities and Currency Updates#
In commodities, Gold Futures for June delivery decreased by 1.59%, settling at $4,752.06 per troy ounce. Conversely, Crude Oil prices rose, with June delivery up 2.77% to $89.84 per barrel, and Brent oil increasing by 2.58% to $97.94. In currency markets, the EUR/USD exchange rate remained stable at 1.18, while the US Dollar Index Futures rose by 0.21% to 98.12.
