Spain Stocks Close Lower; IBEX 35 Drops 0.11%

Spain’s stock market closed lower on Friday, primarily due to losses in several sectors. By the end of trading in Madrid, the index fell by 0.11%.

The top performers for the session included Naturgy Energy Group SA, which saw an increase of 1.89%, or 0.42 points, closing at 22.68. Iberdrola also performed well, rising by 1.42%, or 0.19 points, to finish at 13.57, while Caixabank SA gained 1.25%, or 0.07 points, closing at 5.51.

Conversely, the worst performers included Corporacion Acciona Energias Renovables SA, which declined by 4.05%, or 0.86 points, to end at 20.38. Acciona dropped by 3.18%, or 4.10 points, closing at 125.00, and SOLARIA ENERGIA Y MEDIO AMBIENTE saw a decrease of 2.99%, or 0.36 points, ending at 11.70.

On the Madrid Stock Exchange, declining stocks outnumbered advancing ones, with a ratio of 140 to 50, while 30 stocks closed unchanged.

In commodities trading, Gold Futures for December delivery increased by 1.23%, or 32.15 points, reaching $2,646.75 per troy ounce. Crude oil for November delivery slipped by 0.14%, or 0.10 points, to $71.06 per barrel, and the November Brent oil contract fell by 0.43%, or 0.32 points, settling at $74.56 per barrel.

In the currency markets, the EUR/USD remained relatively stable, dipping by 0.04% to 1.12, while EUR/GBP saw a slight increase of 0.17% to 0.84. The US Dollar Index Futures rose by 0.11%, reaching 100.43.