Investing.com – Spain stocks were lower after the close on Tuesday, as losses in the Consumer Services, Building & Construction and Financial Services & Real Estate sectors led shares lower.
At the close in Madrid, the IBEX 35 declined 3.11% to hit a new 52-week low.
The best performers of the session on the IBEX 35 were Tecnicas Reunidas (MADRID:TRE), which fell 1.25% or 0.525 points to trade at 41.550 at the close. Meanwhile, Iberdrola (MADRID:IBE) fell 1.76% or 0.104 points to end at 5.817 and Bankinter (MADRID:BKT) was down 1.86% or 0.123 points to 6.500 in late trade.
The worst performers of the session were Acerinox (MADRID:ACX), which fell 8.58% or 0.774 points to trade at 8.246 at the close. Abengoa B (MADRID:ABGek) declined 7.65% or 0.064 points to end at 0.773 and Arcel. Mittal (MADRID:MTS) was down 6.06% or 0.352 points to 5.457.
Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 196 to 15 and 7 ended unchanged.
Shares in Acerinox (MADRID:ACX) fell to 52-week lows; down 8.58% or 0.774 to 8.246. Shares in Arcel. Mittal (MADRID:MTS) fell to all time lows; falling 6.06% or 0.352 to 5.457.
Gold for December delivery was down 0.71% or 8.00 to $1124.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 3.15% or 1.48 to hit $45.48 a barrel, while the November Brent oil contract fell 1.85% or 0.91 to trade at $48.02 a barrel.
EUR/USD was down 0.60% to 1.1122, while EUR/GBP rose 0.30% to 0.7236.
The US Dollar Index was up 0.48% at 96.50.