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Spain shares lower at close of trade; IBEX 35 down 0.80%

Published 24/01/2017, 04:35 am
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 0.80%
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Investing.com – Spain equities were lower at the close on Monday, as losses in the Financial Services & Real Estate, Chemical, Petroleum & Plastic and Telecoms & IT sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 0.80% to hit a new 1-month low.

The biggest gainers of the session on the IBEX 35 were Merlin Properties SA (MC:MRL), which rose 1.10% or 0.11 points to trade at 10.12 at the close. Melia Hotels (MC:MEL) added 0.67% or 0.075 points to end at 11.270 and Tecnicas Reunidas (MC:TRE) was up 0.30% or 0.110 points to 37.010 in late trade.

Biggest losers included B. Sabadell (MC:SABE), which lost 2.63% or 0.035 points to trade at 1.298 in late trade. Bankia (MC:BKIA) declined 2.36% or 0.023 points to end at 0.950 and Indra A (MC:IDR) shed 2.15% or 0.230 points to 10.450.

Declining stocks outnumbered rising ones by 94 to 68 and 22 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for February delivery was up 0.90% or 10.85 to $1215.75 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.86% or 0.46 to hit $52.76 a barrel, while the March Brent oil contract fell 0.45% or 0.25 to trade at $55.24 a barrel.

EUR/USD was up 0.20% to 1.0724, while EUR/GBP fell 0.65% to 0.8595.

The US Dollar Index was down 0.43% at 100.34.

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