Overview of Market Performance#
Spain's stock market showed positive momentum at the close of trading on Tuesday, with the IBEX 35 index rising by 3.05%. This increase was primarily fueled by strong performances in the Financial Services, Real Estate, Consumer Services, and Building & Construction sectors.
Top Gainers on the IBEX 35#
Among the top performers on the IBEX 35, ArcelorMittal SA saw a significant rise of 6.91%, adding 3.18 points to close at 49.21. Banco Santander also had a strong day, increasing by 5.73%, or 0.54 points, to finish at 10.01. Additionally, International Consolidated Airlines Group S.A. gained 5.13%, up 0.21 points to close at 4.34.
Notable Declines#
On the other hand, some stocks faced declines. Grifols SA experienced a drop of 1.85%, losing 0.18 points to trade at 9.74. Repsol saw a decrease of 1.05%, down 0.22 points to end at 20.75, while Amadeus IT shed 0.45%, closing at 53.62 after losing 0.24 points.
Market Statistics#
Overall, advancing stocks outnumbered those that fell by a significant margin, with 162 stocks rising compared to 38 that declined, while 12 remained unchanged on the Madrid Stock Exchange. In the commodities market, Gold Futures for April delivery rose by 2.68%, reaching $5,240.49 per troy ounce. Conversely, crude oil prices fell, with April delivery down 15.19% to $80.37 per barrel and May Brent oil down 14.57% to $84.54 per barrel. The EUR/USD exchange rate remained stable, while the US Dollar Index Futures decreased by 0.65% to 98.53.