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Spain shares lower at close of trade; IBEX 35 down 1.30%

Published 02/07/2024, 17:05
Updated 02/07/2024, 17:08
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 1.30%
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Investing.com – Spain equities were lower at the close on Tuesday, as losses in the Financial Services & Real Estate, Building & Construction and Consumer Goods sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 1.30% to hit a new 1-month low.

The biggest gainers of the session on the IBEX 35 were Repsol (BME:REP), which rose 1.65% or 0.25 points to trade at 15.13 at the close. Merlin Properties SA (BME:MRL) added 0.48% or 0.05 points to end at 10.50 and Sacyr SA (BME:SCYR) was up 0.42% or 0.01 points to 3.34 in late trade.

Biggest losers included Enagas (BME:ENAG), which lost 9.29% or 1.31 points to trade at 12.79 in late trade. Acciona (BME:ANA) declined 6.55% or 7.40 points to end at 105.60 and ACS Actividades de Construccion y Servicios SA (BME:ACS) shed 4.19% or 1.68 points to 38.44.

Declining stocks outnumbered rising ones by 143 to 50 and 21 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for August delivery was down 0.33% or 7.75 to $2,331.15 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.29% or 0.24 to hit $83.14 a barrel, while the September Brent oil contract fell 0.06% or 0.05 to trade at $86.55 a barrel.

EUR/USD was unchanged 0.05% to 1.07, while EUR/GBP unchanged 0.20% to 0.85.

The US Dollar Index Futures was down 0.06% at 105.53.

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