Spain shares higher at close of trade; IBEX 35 up 1.11%

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Spain shares higher at close of trade; IBEX 35 up 1.11%
Credit: © Reuters. – Spain equities were higher at the close on Thursday, as gains in the Financial Services & Real Estate , Telecoms & IT and Chemical, Petroleum & Plastic sectors propelled shares higher.

At the close in Madrid, the IBEX 35 added 1.11%.

The biggest gainers of the session on the IBEX 35 were Cie Automotive (MC: CIEA ), which rose 5.09% or 1.320 points to trade at 27.260 at the close. ArcelorMittal SA (MC: MTS ) added 3.87% or 0.940 points to end at 25.230 and Acerinox (MC: ACX ) was up 2.88% or 0.315 points to 11.240 in late trade.

Biggest losers included Melia Hotels (MC: MEL ), which lost 2.99% or 0.350 points to trade at 11.350 in late trade. Siemens Gamesa Renewable Energy SA (MC: GAM ) declined 1.39% or 0.160 points to end at 11.370 and Grifols SA (MC: GRLS ) shed 1.15% or 0.300 points to 25.800.

Advancing stocks outnumbered falling ones by 117 to 65 and 24 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for August delivery was up 0.41% or 5.10 to $1258.60 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.24% or 0.92 to hit $73.22 a barrel, while the September Brent oil contract fell 0.41% or 0.32 to trade at $77.92 a barrel.

EUR/USD was up 0.33% to 1.1694, while EUR/GBP rose 0.37% to 0.8843.

The US Dollar Index Futures was down 0.08% at 94.11.

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