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Spain shares lower at close of trade; IBEX 35 down 0.72%

Published 2016/03/23, 19:35
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 0.72%
ES35
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GRLS
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FER
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REP
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POP
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ICMS.MA
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IENE.MA
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Investing.com – Spain equities were lower at the close on Wednesday, 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 declined 0.72%.

The biggest gainers of the session on the IBEX 35 were Ferrovial (MC:FER), which rose 1.22% or 0.230 points to trade at 19.110 at the close. Aena Aeropuertos SA (MC:AENA) added 0.97% or 1.10 points to end at 114.60 and Grifols SA (MC:GRLS) was up 0.87% or 0.170 points to 19.700 in late trade.

Biggest losers included Banco Popular (MC:POP), which lost 2.94% or 0.074 points to trade at 2.445 in late trade. Obrascon Huarte Lain (MC:OHL) declined 2.73% or 0.157 points to end at 5.593 and Repsol (MC:REP) shed 2.69% or 0.280 points to 10.130.

Declining stocks outnumbered rising ones by 110 to 83 and 21 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for April delivery was down 1.95% or 24.40 to $1224.20 a troy ounce. Meanwhile, Crude oil for delivery in May fell 3.23% or 1.34 to hit $40.11 a barrel, while the May Brent oil contract fell 2.54% or 1.06 to trade at $40.73 a barrel.

EUR/USD was down 0.32% to 1.1181, while EUR/GBP rose 0.41% to 0.7927.

The US Dollar Index was up 0.44% at 96.09.

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