Spain’s benchmark IBEX 35 index closed 0.93% lower on Thursday as losses in financial services, consumer goods and real estate dragged on broader market sentiment.
The index, which tracks 35 blue-chip stocks on the Madrid exchange, fell to end the session at 10,234.60 points, reflecting broad-based selling pressure across key sectors. Decliners outnumbered advancers by 113 to 69, with 25 issues unchanged.
Renewable energy and technology stocks provided pockets of support. Solaria Energia y Medio Ambiente gained 4.36% to close at €17.70, while Indra Sistemas rose 1.82% to €61.50 and Amadeus advanced 1.43% to €58.20. Among the laggards, Merlin Properties dropped 2.80% to €13.54, Aena SME SA fell 2.68% to €26.86 and Ferrovial declined 1.98% to €50.40.
Commodity markets showed modest strength, with December gold futures rising 0.15% to $4,660.41 per troy ounce and October crude oil futures up 0.56% to $82.69 per barrel. November Brent crude futures advanced 0.68% to $87.53 per barrel.
The euro held steady against major peers, with the EUR/USD pair essentially flat at 1.1700 and the EUR/GBP pair unchanged at 0.8600. The U.S. Dollar Futures Index edged up 0.02% to 99.07.
The session followed a mixed lead from European peers, with broader macroeconomic uncertainty continuing to weigh on investor risk appetite.
