Spain shares lower at close of trade; IBEX 35 down 1.27%

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Spain shares lower at close of trade; IBEX 35 down 1.27% – Spain equities were lower at the close on Tuesday, as losses in the Telecoms & IT , Chemical, Petroleum & Plastic and Financial Services & Real Estate sectors propelled shares lower.

At the close in Madrid, the IBEX 35 fell 1.27%.

The biggest gainers of the session on the IBEX 35 were Cie Automotive (MC: CIEA ), which rose 3.56% or 0.740 points to trade at 21.500 at the close. Viscofan (MC: VIS ) added 1.93% or 0.920 points to end at 48.500 and International Consolidated Airlines Group SA (MC: ICAG ) was up 1.77% or 0.118 points to 6.780 in late trade.

Biggest losers included Distribuidora Internacional de Alimentacion SA (MC: DIDA ), which lost 8.34% or 0.037 points to trade at 0.410 in late trade. Siemens Gamesa Renewable Energy SA (MC: SGREN ) declined 4.69% or 0.600 points to end at 12.200 and Naturgy Energy Group SA (MC: NTGY ) shed 2.88% or 0.670 points to 22.620.

Declining stocks outnumbered rising ones by 132 to 38 and 20 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.08% or 1.00 to $1252.80 a troy ounce. Meanwhile, Crude oil for delivery in February fell 4.84% or 2.43 to hit $47.77 a barrel, while the February Brent oil contract fell 3.64% or 2.17 to trade at $57.44 a barrel.

EUR/USD was up 0.15% to 1.1364, while EUR/GBP fell 0.07% to 0.8989.

The US Dollar Index Futures was down 0.03% at 96.518.

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