Wednesday 4 May 2016

Spain stocks lower at close of trade; IBEX 35 down 1.26%


Category: Stock Market
Spain stocks were lower after the close on Wednesday, as losses in the Financial Services&Real Estate, Telecoms&IT and Consumer Goods sectors led shares lower.At the close in Madrid, the IBEX 35 declined 1.26%.The best performers of the session on the IBEX 35 were Acerinox (MC:ACX), which rose 2.10% or 0.210 points to trade at 10.235 at the close. Meanwhile, Arcel. Mittal (MC:MTS) added 1.33% or 0.062 points to end at 4.710 and Tecnicas Reunidas (MC:TRE) was up 1.03% or 0.290 points to 28.485 in late trade.The worst performers of the session were Banco Santander (MC:SAN), which fell 2.45% or 0.102 points to trade at 4.058 at the close. Banco Popular (MC:POP) declined 2.44% or 0.053 points to end at 2.124 and BBVA (MC:BBVA) was down 2.26% or 0.129 points to 5.586.Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 134 to 61 and 14 ended unchanged.Gold for June delivery was down 0.88% or 11.40 to $1280.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.27% or 0.12 to hit $43.77 a barrel, while the July Brent oil contract fell 0.40% or 0.18 to trade at $44.79 a barrel.EUR/USD was down 0.05% to 1.1492, while EUR/GBP rose 0.25% to 0.7930.The US Dollar Index was up 0.25% at 93.25.

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