Spain stocks higher at close of trade; IBEX 35 up 1.18%

Spain stocks


Spain stocks were higher after the close on Wednesday, as gains in the Financial Services & Real Estate, Telecoms & IT and Consumer Services sectors led shares higher.

At the close in Madrid, the IBEX 35 added 1.18% to hit a new 1-month high.

The best performers of the session on the IBEX 35 were Mapfre, which rose 5.36% or 0.114 points to trade at 2.241 at the close. Meanwhile, Banco Santander added 4.43% or 0.164 points to end at 3.863 and Bankia was up 4.30% or 0.029 points to 0.704 in late trade.

The worst performers of the session were Acerinox, which fell 1.57% or 0.180 points to trade at 11.285 at the close. Distribuidora Intl de Aliment declined 0.88% or 0.050 points to end at 5.649 and Iberdrola was down 0.29% or 0.018 points to 6.157.

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 151 to 44 and 21 ended unchanged.

Gold for December delivery was up 0.43% or 5.65 to $1333.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.40% or 1.03 to hit $41.89 a barrel, while the October Brent oil contract fell 2.59% or 1.17 to trade at $44.06 a barrel.

EUR/USD was up 0.06% to 1.0992, while EUR/GBP rose 0.06% to 0.8376.

The US Dollar Index was up 0.13% at 97.30.


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