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Spain shares lower at close of trade; IBEX 35 down 1.38%

Published 2016/04/01, 18:35
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 1.38%
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Investing.com – Spain equities were lower at the close on Friday, as losses in the Telecoms & IT, Financial Services & Real Estate and Consumer Goods sectors propelled shares lower.

At the close in Madrid, the IBEX 35 lost 1.38% to hit a new 1-month low.

The biggest gainers of the session on the IBEX 35 were Arcel. Mittal (MC:MTS), which rose 4.50% or 0.179 points to trade at 4.159 at the close. Tecnicas Reunidas (MC:TRE) added 2.65% or 0.655 points to end at 25.380 and Sacyr (MC:SCYR) was up 2.59% or 0.044 points to 1.741 in late trade.

Biggest losers included Telefonica (MC:TEF), which lost 3.87% or 0.381 points to trade at 9.471 in late trade. Obrascon Huarte Lain (MC:OHL) declined 3.30% or 0.185 points to end at 5.424 and Repsol (MC:REP) shed 3.03% or 0.301 points to 9.619.

Declining stocks outnumbered rising ones by 140 to 66 and 18 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for June delivery was down 1.53% or 18.90 to $1216.70 a troy ounce. Meanwhile, Crude oil for delivery in May fell 3.76% or 1.44 to hit $36.90 a barrel, while the June Brent oil contract fell 3.99% or 1.61 to trade at $38.72 a barrel.

EUR/USD was up 0.15% to 1.1398, while EUR/GBP rose 1.15% to 0.8016.

The US Dollar Index was down 0.05% at 94.60.

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