Madrid Stocks End Slightly Down

The IBEX 35 index was down about 0.2% to close at 8,370 on Monday, as investors weighed gloomy economic data for major economies in Europe and concerns over tighter monetary conditions.

The latest data for the eurozone, including PMII surveys and a retail sales report suggested the bloc's economy was sliding into a mild recession.

Domestically, Spain's private sector rebounded slightly more than expected in November, ending a two-month sequence of contraction.

Market sentiment was tempered by optimism around the easing of Covid-19 restrictions in China.

On the corporate front, Grifols (+3.6%) and Aena (+2.4%) were the top gainers.