Spain stocks higher at close of trade; IBEX 35 up 0.91%

Spain's stock market, measured by the IBEX 35 index, experienced an uptick on Friday as investors favored specific sectors. Financial Services & Real Estate, Consumer Services, and Building & Construction industries drove the bullish trend, resulting in the index's overall rise of 0.91%. At the close in Madrid, the IBEX 35 closed at 11,427.50 points.

Among the top gainers, SOLARIA ENERGIA Y MEDIO AMBIENTE saw the highest increase at 2.91% or 0.52 points, bringing its closing price to 18.41. Indra A and Merlin Properties SA also outperformed the market with a 2.70% and 2.18% gain, respectively, closing at 59.28 and 13.12. Conversely, Amadeus IT suffered the steepest loss of the day with a 1.63% or 0.90 points decline, closing at 54.18.

Industria de Diseno Textil SA and Acerinox were also in the red, with a 1.03% and 0.85% loss, ending the day at 54.02 and 17.45, respectively. On the Madrid Stock Exchange, the number of rising stocks was 110 compared to 78 declining stocks, with 19 remaining unchanged. Gold Futures for December delivery saw a modest gain of 0.05% or 2.21, reaching $4,409.51 per troy ounce.

In other commodities trading, crude oil for October delivery dropped 2.49% or 2.55, settling at $99.93 per barrel, while the November Brent oil contract fell 2.10% or 2.26, trading at $105.37 per barrel. The EUR/USD exchange rate remained flat at 1.16, while the EUR/GBP pair also remained unchanged at 0.86. Finally, the US Dollar Index Futures saw a slight uptick of 0.02% to 99.07.