Spain shares higher at close of trade; IBEX 35 up 0.78%

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Spain shares higher at close of trade; IBEX 35 up 0.78%
Credit: © Reuters. – Spain equities were higher at the close on Wednesday, as gains in the Telecoms & IT , Chemical, Petroleum & Plastic and Financial Services & Real Estate sectors propelled shares higher.

At the close in Madrid, the IBEX 35 added 0.78%.

The biggest gainers of the session on the IBEX 35 were Melia Hotels (MC: MEL ), which rose 3.31% or 0.270 points to trade at 8.410 at the close. ACS Actividades de Construccion y Servicios SA (MC: ACS ) added 2.11% or 0.690 points to end at 33.430 and ArcelorMittal SA (MC: MTS ) was up 1.88% or 0.360 points to 19.470 in late trade.

Biggest losers included Distribuidora Internacional de Alimentacion SA (MC: DIDA ), which lost 2.44% or 0.010 points to trade at 0.402 in late trade. B. Sabadell (MC: SABE ) declined 1.90% or 0.020 points to end at 1.037 and Siemens Gamesa Renewable Energy SA (MC: SGREN ) shed 1.72% or 0.210 points to 11.995.

Advancing stocks outnumbered falling ones by 92 to 76 and 20 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.26% or 3.30 to $1256.90 a troy ounce. Meanwhile, Crude oil for delivery in February rose 3.18% or 1.48 to hit $48.08 a barrel, while the February Brent oil contract rose 2.24% or 1.26 to trade at $57.52 a barrel.

EUR/USD was up 0.55% to 1.1425, while EUR/GBP rose 0.39% to 0.9024.

The US Dollar Index Futures was down 0.48% at 96.102.

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