Spain shares lower at close of trade; IBEX 35 down 1.49%

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Spain shares lower at close of trade; IBEX 35 down 1.49%
Credit: © Reuters. – Spain equities were lower at the close on Thursday, as losses in the Financial Services & Real Estate , Telecoms & IT and Chemical, Petroleum & Plastic sectors propelled shares lower.

At the close in Madrid, the IBEX 35 fell 1.49% to hit a new 52-week low.

The biggest gainers of the session on the IBEX 35 were Cellnex Telecom SA (MC: CLNX ), which rose 1.02% or 0.22 points to trade at 21.83 at the close. Indra A (MC: IDR ) added 0.53% or 0.060 points to end at 11.430 and Viscofan (MC: VIS ) was up 0.46% or 0.250 points to 54.700 in late trade.

Biggest losers included ArcelorMittal SA (MC: MTS ), which lost 3.82% or 1.040 points to trade at 26.160 in late trade. Bankia SA (MC: BKIA ) declined 3.00% or 0.113 points to end at 3.650 and Melia Hotels (MC: MEL ) shed 2.69% or 0.320 points to 11.590.

Declining stocks outnumbered rising ones by 134 to 54 and 19 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for April delivery was up 0.45% or 6.00 to $1327.50 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.15% or 0.75 to hit $64.42 a barrel, while the May Brent oil contract fell 0.71% or 0.49 to trade at $68.98 a barrel.

EUR/USD was down 0.26% to 1.2306, while EUR/GBP fell 0.07% to 0.8719.

The US Dollar Index Futures was up 0.21% at 89.47.

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