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Spain stocks lower at close of trade; IBEX 35 down 1.12%

Published 07/09/2024, 12:05 PM
Updated 07/09/2024, 12:08 PM
© Reuters.  Spain stocks lower at close of trade; IBEX 35 down 1.12%
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Investing.com – Spain stocks were lower after the close on Tuesday, as losses in the Building & Construction, Telecoms & IT and Consumer Services sectors led shares lower.

At the close in Madrid, the IBEX 35 declined 1.12% to hit a new 1-month low.

The best performers of the session on the IBEX 35 were Naturgy Energy Group SA (BME:NTGY), which rose 0.09% or 0.02 points to trade at 21.30 at the close. Meanwhile, Redeia Corporacion SA (BME:REDE) fell 0.12% or 0.02 points to end at 16.23 and Acciona (BME:ANA) was down 0.18% or 0.20 points to 109.00 in late trade.

The worst performers of the session were Melia Hotels (BME:MEL), which fell 3.22% or 0.25 points to trade at 7.38 at the close. Laboratorios Farmaceuticos ROVI (BME:ROVI) declined 3.19% or 2.70 points to end at 82.05 and Logista (BME:LOG) was down 2.78% or 0.76 points to 26.54.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 146 to 49 and 29 ended unchanged.

Gold Futures for August delivery was up 0.25% or 5.85 to $2,369.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.19% or 0.98 to hit $81.35 a barrel, while the September Brent oil contract fell 1.27% or 1.09 to trade at $84.66 a barrel.

EUR/USD was unchanged 0.09% to 1.08, while EUR/GBP unchanged 0.07% to 0.85.

The US Dollar Index Futures was up 0.15% at 104.83.

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