this mountain goat 35 This holiday Thursday session began with a tiny 0.1% decline, sending the selector down to 8,270 points as traders digest a lighter liquidity day and position for the next moves in the market.
Early in the day, the index faced mixed performances from leading stocks. Acciona slipped by 2.08%, Solaria fell 1.97%, Telefónica dropped 1.65%, and Endesa decreased by 1.37%. The declines reflected sector rotations and cautious sentiment ahead of upcoming earnings and policy updates, with investors weighing opportunities versus risk in an otherwise quiet trading environment.
On the flip side, several names posted gains that helped cushion the session. Sacyr rose 1.72%, IAG advanced 1.56%, and ArcelorMittal gained 1.17%. These positive moves underscored selective strength in infrastructure, aviation and steel, where investors see potential for earnings resilience even as broader market uncertainty persists.
Across the border and beyond, other European markets opened in the red to mixed results. London posted a modest 0.2% advance, while Paris moved up 0.4%, Milan inched higher by 0.08%, and Frankfurt posted a small 0.1% gain. The broad pattern showed pockets of improvement, yet overall momentum remained restrained as traders calibrated expectations for the week ahead.
Commodity markets added a touch of steadiness, with Brent crude, the benchmark for Europe, rising 0.24% to around 77.4 dollars a barrel. In the energy complex, US light crude traded higher, advancing roughly 0.40% to about 72.42 dollars per barrel as supply forecasts and demand signals continued to push prices in tandem with global economic signals. This movement supported energy equities on some days when earnings and guidance align with the higher price backdrop.
Meanwhile, the euro traded around the 1.0518 level against the dollar, reflecting ongoing currency dynamics as investors monitor central bank policy, inflation data, and the pace of economic recovery. Market participants stayed watchful for cross border flows and the potential for additional volatility as geopolitical and macroeconomic headlines evolve throughout the session.