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Spain shares higher at close of trade; IBEX 35 up 1.96%

Published 05/01/2018, 04:35 am
© Reuters.  Spain shares higher at close of trade; IBEX 35 up 1.96%
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Investing.com – Spain equities were higher at the close on Thursday, as gains in the Chemical, Petroleum & Plastic, Financial Services & Real Estate and Building & Construction sectors propelled shares higher.

At the close in Madrid, the IBEX 35 gained 1.96%.

The biggest gainers of the session on the IBEX 35 were Iberdrola (MC:IBE), which rose 3.42% or 0.220 points to trade at 6.662 at the close. Cellnex Telecom SA (MC:CLNX) added 3.37% or 0.73 points to end at 22.41 and Banco Santander (MC:SAN) was up 3.35% or 0.183 points to 5.638 in late trade.

Biggest losers included Melia Hotels (MC:MEL), which lost 0.86% or 0.100 points to trade at 11.570 in late trade. International Consolidated Airlines Group SA (MC:ICAG) declined 0.82% or 0.062 points to end at 7.456 and Distribuidora Intl de Aliment (MC:DIDA) shed 0.75% or 0.033 points to 4.372.

Advancing stocks outnumbered falling ones by 156 to 23 and 14 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.14% or 1.90 to $1320.40 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.63% or 0.39 to hit $62.02 a barrel, while the March Brent oil contract rose 0.25% or 0.17 to trade at $68.01 a barrel.

EUR/USD was up 0.44% to 1.2069, while EUR/GBP rose 0.24% to 0.8911.

The US Dollar Index Futures was down 0.28% at 91.63.

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