2 months ago
Stock Market

Spain stocks lower at close of trade; IBEX 35 down 1.97%

Investing.com – Spain stocks were lower after the close on Thursday, as losses in the Consumer Goods, Building&Construction and Telecoms&IT

Investing.com – Spain stocks were lower after the close on Thursday, as losses in the Consumer Goods, Building&Construction and Telecoms&IT sectors led shares lower.

At the close in Madrid, the IBEX 35 fell 1.97% to hit a new 52-week low.

The best performers of the session on the IBEX 35 were International Consolidated Airlines Group SA (MC:ICAG), which rose 0.92% or 0.062 points to trade at 6.788 at the close. Meanwhile, Mapfre (MC:MAP) unchanged 0.00% or 0.000 points to end at 2.363 and Endesa SA (MC:ELE) was down 0.24% or 0.050 points to 21.080 in late trade.

The worst performers of the session were Distribuidora Internacional de Alimentacion SA (MC:DIDA), which fell 9.90% or 0.040 points to trade at 0.362 at the close. Siemens Gamesa Renewable Energy SA (MC:SGREN) declined 6.79% or 0.815 points to end at 11.180 and Inditex (MC:ITX) was down 4.88% or 1.166 points to 22.704.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 144 to 32 and 15 ended unchanged.

Shares in Distribuidora Internacional de Alimentacion SA (MC:DIDA) fell to all time lows; falling 9.90% or 0.040 to 0.362. Shares in Inditex (MC:ITX) fell to 3-years lows; losing 4.88% or 1.166 to 22.704.

Gold Futures for February delivery was up 0.72% or 9.10 to $1265.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 3.80% or 1.83 to hit $46.34 a barrel, while the February Brent oil contract fell 3.63% or 2.08 to trade at $55.16 a barrel.

EUR/USD was up 0.74% to 1.1460, while EUR/GBP rose 0.24% to 0.9043.

The US Dollar Index Futures was down 0.69% at 95.820.