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Spain shares lower at close of trade; IBEX 35 down 1.70%

Published 26/05/2018, 02:35 am
Updated 26/05/2018, 02:35 am
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 1.70%

Investing.com – Spain equities were lower at the close on Friday, as losses in the Chemical, Petroleum & Plastic, Financial Services & Real Estate and Building & Construction sectors propelled shares lower.

At the close in Madrid, the IBEX 35 fell 1.70% to hit a new 1-month low.

The biggest gainers of the session on the IBEX 35 were International Consolidated Airlines Group SA (MC:ICAG), which rose 2.23% or 0.174 points to trade at 7.990 at the close. Amadeus IT (MC:AMA) added 0.87% or 0.580 points to end at 67.380 and Melia Hotels (MC:MEL) was up 0.17% or 0.020 points to 11.680 in late trade.

Biggest losers included Caixabank SA (MC:CABK), which lost 3.77% or 0.153 points to trade at 3.910 in late trade. Gas Natural (MC:GAS) declined 3.29% or 0.720 points to end at 21.150 and Acciona (MC:ANA) shed 3.17% or 2.140 points to 65.460.

Declining stocks outnumbered rising ones by 138 to 44 and 18 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.08% or 1.10 to $1303.30 a troy ounce. Meanwhile, Crude oil for delivery in July fell 4.38% or 3.10 to hit $67.61 a barrel, while the July Brent oil contract fell 3.45% or 2.72 to trade at $76.07 a barrel.

EUR/USD was down 0.50% to 1.1660, while EUR/GBP fell 0.02% to 0.8757.

The US Dollar Index Futures was up 0.43% at 94.12.

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