Spain stocks higher at close of trade; IBEX 35 up 0.76%
Spain stocks demonstrated a positive trend at the close of trade on Friday, with the IBEX 35 index rising by 0.76%. The Financial Services & Real Estate, Consumer Goods, and Consumer Services sectors played a significant role in driving the gains. Banco Santander emerged as the top performer, surging by 2.72% to close at 12.56, while ArcelorMittal and Banco Bilbao Vizcaya Argentaria also showed strong gains of 2.42% and 1.22% respectively.
On the downside, Ferrovial and Sacyr SA experienced declines of 2.01% and 1.88% respectively. The Madrid Stock Exchange saw a higher number of rising stocks (122) compared to declining ones (69), with 22 stocks ending unchanged. Commodity markets witnessed gains as well, with Gold Futures for December delivery surging by 2.22% to reach $4,672.74 per troy ounce.
Crude oil for October delivery increased by 0.14% to $86.95, and the October Brent oil contract rose by 0.65% to $94.39. Exchange rates remained largely stable, with EUR/USD and EUR/GBP showing minimal fluctuations. The US Dollar Index Futures experienced a slight decline of 0.07% at 98.74.
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