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Spain shares lower at close of trade; IBEX 35 down 0.99%

Published 24/03/2018, 04:35 am
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 0.99%
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Investing.com – Spain equities were lower at the close on Friday, as losses in the Building & Construction, Consumer Goods and Financial Services & Real Estate sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 0.99% to hit a new 52-week low.

The biggest gainers of the session on the IBEX 35 were Cellnex Telecom SA (MC:CLNX), which rose 1.88% or 0.41 points to trade at 22.24 at the close. B. Sabadell (MC:SABE) added 1.49% or 0.025 points to end at 1.665 and Mediaset ESP (MC:TL5) was up 0.89% or 0.076 points to 8.582 in late trade.

Biggest losers included Indra A (MC:IDR), which lost 4.11% or 0.470 points to trade at 10.960 in late trade. Acerinox (MC:ACX) declined 3.65% or 0.425 points to end at 11.220 and ArcelorMittal SA (MC:MTS) shed 3.29% or 0.860 points to 25.300.

Declining stocks outnumbered rising ones by 134 to 51 and 18 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for April delivery was up 1.65% or 21.90 to $1349.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.77% or 1.14 to hit $65.44 a barrel, while the May Brent oil contract rose 1.49% or 1.03 to trade at $69.94 a barrel.

EUR/USD was up 0.50% to 1.2363, while EUR/GBP rose 0.13% to 0.8738.

The US Dollar Index Futures was down 0.49% at 89.03.

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