Spain shares lower at close of trade; IBEX 35 down 1.57%

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Spain shares lower at close of trade; IBEX 35 down 1.57%
Credit: © Reuters.

Investing.com – Spain equities were lower at the close on Wednesday, as losses in the Financial Services & Real Estate , Building & Construction and Consumer Goods sectors propelled shares lower.

At the close in Madrid, the IBEX 35 fell 1.57%.

The biggest gainers of the session on the IBEX 35 were Melia Hotels (MC: MEL ), which rose 0.79% or 0.090 points to trade at 11.450 at the close. Amadeus IT (MC: AMA ) added 0.67% or 0.460 points to end at 69.560 and Tecnicas Reunidas (MC: TRE ) was up 0.22% or 0.060 points to 27.580 in late trade.

Biggest losers included Mediaset ESP (MC: TL5 ), which lost 4.68% or 0.334 points to trade at 6.808 in late trade. ArcelorMittal SA (MC: MTS ) declined 3.81% or 0.980 points to end at 24.710 and B. Sabadell (MC: SABE ) shed 3.60% or 0.053 points to 1.420.

Declining stocks outnumbered rising ones by 148 to 32 and 20 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for August delivery was down 0.72% or 9.00 to $1246.40 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.25% or 1.67 to hit $72.44 a barrel, while the September Brent oil contract fell 3.17% or 2.50 to trade at $76.36 a barrel.

EUR/USD was down 0.30% to 1.1709, while EUR/GBP rose 0.05% to 0.8850.

The US Dollar Index Futures was up 0.36% at 94.19.

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