Investing.com – Spain equities were lower at the close on Friday, as losses in the Financial Services & Real Estate, Consumer Services and Telecoms & IT sectors propelled shares lower.
At the close in Madrid, the IBEX 35 declined 12.35% to hit a new 3-month low.
The biggest gainers of the session on the IBEX 35 were FCC (MC:FCC), which fell 0.45% or 0.034 points to trade at 7.556 at the close. Viscofan (MC:VIS) fell 2.04% or 1.010 points to end at 48.610 and Tecnicas Reunidas (MC:TRE) was down 3.55% or 0.935 points to 25.385 in late trade.
Biggest losers included Int.Airl.Grp (MC:ICAG), which lost 26.86% or 1.843 points to trade at 5.018 in late trade. Bankia (MC:BKIA) declined 20.78% or 0.149 points to end at 0.568 and Banco Santander (MC:SAN) shed 19.89% or 0.840 points to 3.384.
Declining stocks outnumbered rising ones by 197 to 7 and 6 ended unchanged on the Madrid Stock Exchange.
In commodities trading, Gold for August delivery was up 4.48% or 56.65 to $1319.75 a troy ounce. Meanwhile, Crude oil for delivery in August fell 4.77% or 2.39 to hit $47.72 a barrel, while the August Brent oil contract fell 4.79% or 2.44 to trade at $48.47 a barrel.
EUR/USD was down 2.29% to 1.1122, while EUR/GBP rose 6.54% to 0.8151.
The US Dollar Index was up 2.39% at 95.56.