Spain stocks higher at close of trade; IBEX 35 up 1.33%

Spain's stock market finished higher on Monday, with the IBEX 35 index up 1.33%. Gains across several sectors, including Financial Services & Real Estate, Chemical, Petroleum & Plastic, and Telecoms & IT, drove the upward movement. Indra A (IDR) led the gains, increasing 3.77% to 62.16 points, while Corporacion Acciona Energias Renovables SA (ANE) and Cellnex Telecom SA (CLNX) also showed solid gains.

Conversely, Acerinox (ACX) and Telefonica (TEF) were among the weakest performers, with declines of 2.21% and 1.32% respectively. The IBEX 35 saw more stocks rise than fall, with 110 outperforming and 76 underperforming, while 22 ended unchanged. Telefonica shares hit a 5-year low, falling 1.32% to 3.21 points. Commodity markets also saw activity, with gold futures for December delivery down 0.68% to $4,187.80 per troy ounce, while crude oil prices for November and December contracts rose.

Currency markets remained relatively stable, with EUR/USD and EUR/GBP largely unchanged, and the US Dollar Index Futures up 0.34%.