Investing.com – Spain stocks were higher after the close on Thursday, as gains in the Financial Services & Real Estate, Telecoms & IT and Building & Construction sectors led shares higher.
At the close in Madrid, the IBEX 35 added 1.63% to hit a new 5-year high.
The best performers of the session on the IBEX 35 were Banco Santander (BME:SAN), which rose 4.56% or 0.20 points to trade at 4.68 at the close. Meanwhile, Banco Bilbao Vizcaya Argentaria SA (BME:BBVA) added 4.39% or 0.41 points to end at 9.65 and Banco de Sabadell SA (BME:SABE) was up 4.26% or 0.08 points to 1.92 in late trade.
The worst performers of the session were SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS), which fell 2.60% or 0.24 points to trade at 8.81 at the close. Aena SME SA (BME:AENA) declined 2.47% or 5.20 points to end at 205.20 and Puig Brands SA (BME:PUIGb) was down 1.80% or 0.36 points to 19.68.
Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 128 to 71 and 21 ended unchanged.
Gold Futures for February delivery was down 0.72% or 19.26 to $2,656.94 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.06% or 0.04 to hit $68.50 a barrel, while the February Brent oil contract fell 0.01% or 0.01 to trade at $72.30 a barrel.
EUR/USD was up 0.60% to 1.06, while EUR/GBP unchanged 0.15% to 0.83.
The US Dollar Index Futures was down 0.46% at 105.81.
Should you invest $2,000 in BBVA right now?
With BBVA making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed BBVA alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including BBVA, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is BBVA poised for similar growth? Don't miss the opportunity to find out.
Reveal Undervalued Stocks Now