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Spain shares higher at close of trade; IBEX 35 up 0.77%

Published 17/12/2016, 04:35 am
© Reuters.  Spain shares higher at close of trade; IBEX 35 up 0.77%
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Investing.com – Spain equities were higher at the close on Friday, as gains in the Chemical, Petroleum & Plastic, Telecoms & IT and Consumer Goods sectors propelled shares higher.

At the close in Madrid, the IBEX 35 added 0.77% to hit a new 6-month high.

The biggest gainers of the session on the IBEX 35 were Repsol (MC:REP), which rose 3.99% or 0.530 points to trade at 13.825 at the close. Acciona (MC:ANA) added 2.73% or 1.840 points to end at 69.300 and Merlin Properties SA (MC:MRL) was up 2.72% or 0.27 points to 10.12 in late trade.

Biggest losers included Bankia (MC:BKIA), which lost 2.43% or 0.025 points to trade at 1.005 in late trade. Ferrovial (MC:FER) declined 0.98% or 0.170 points to end at 17.175 and Indra A (MC:IDR) shed 0.63% or 0.065 points to 10.325.

Advancing stocks outnumbered falling ones by 103 to 57 and 27 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for February delivery was up 0.85% or 9.65 to $1139.45 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.41% or 0.72 to hit $51.62 a barrel, while the February Brent oil contract rose 1.72% or 0.93 to trade at $54.95 a barrel.

EUR/USD was up 0.42% to 1.0458, while EUR/GBP fell 0.23% to 0.8367.

The US Dollar Index was down 0.42% at 102.72.

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