3 months ago
Stock Market

Spain stocks higher at close of trade; IBEX 35 up 0.78%

Investing.com – Spain stocks were higher after the close on Wednesday, as gains in the Telecoms&IT, Chemical, Petroleum&Plastic and Financial

Investing.com – Spain stocks were higher after the close on Wednesday, as gains in the Telecoms&IT, Chemical, Petroleum&Plastic and Financial Services&Real Estate sectors led shares higher.

At the close in Madrid, the IBEX 35 gained 0.78%.

The best performers of the session on the IBEX 35 were Melia Hotels (MC:MEL), which rose 3.31% or 0.270 points to trade at 8.410 at the close. Meanwhile, ACS Actividades de Construccion y Servicios SA (MC:ACS) added 2.11% or 0.690 points to end at 33.430 and ArcelorMittal SA (MC:MTS) was up 1.88% or 0.360 points to 19.470 in late trade.

The worst performers of the session were Distribuidora Internacional de Alimentacion SA (MC:DIDA), which fell 2.44% or 0.010 points to trade at 0.402 at the close. B. Sabadell (MC:SABE) declined 1.90% or 0.020 points to end at 1.037 and Siemens Gamesa Renewable Energy SA (MC:SGREN) was down 1.72% or 0.210 points to 11.995.

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 92 to 76 and 20 ended unchanged.

Shares in Distribuidora Internacional de Alimentacion SA (MC:DIDA) fell to all time lows; down 2.44% or 0.010 to 0.402.

Gold Futures for February delivery was up 0.26% or 3.20 to $1256.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.13% or 1.46 to hit $48.06 a barrel, while the February Brent oil contract rose 2.24% or 1.26 to trade at $57.52 a barrel.

EUR/USD was up 0.55% to 1.1425, while EUR/GBP rose 0.40% to 0.9025.

The US Dollar Index Futures was down 0.48% at 96.102.