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Spain shares higher at close of trade; IBEX 35 up 0.81%

Published 03/01/2017, 17:35
© Reuters.  Spain shares higher at close of trade; IBEX 35 up 0.81%
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Investing.com – Spain equities were higher at the close on Tuesday, as gains in the Financial Services & Real Estate, Building & Construction and Telecoms & IT sectors propelled shares higher.

At the close in Madrid, the IBEX 35 rose 0.81% to hit a new 52-week high.

The biggest gainers of the session on the IBEX 35 were Viscofan (MC:VIS), which rose 4.91% or 2.335 points to trade at 49.870 at the close. Bankia (MC:BKIA) added 4.28% or 0.042 points to end at 1.023 and B. Sabadell (MC:SABE) was up 3.28% or 0.044 points to 1.384 in late trade.

Biggest losers included Enagas (MC:ENAG), which lost 1.61% or 0.395 points to trade at 24.070 in late trade. Merlin Properties SA (MC:MRL) declined 1.57% or 0.17 points to end at 10.31 and Distribuidora Intl de Aliment (MC:DIDA) shed 1.13% or 0.054 points to 4.721.

Advancing stocks outnumbered falling ones by 99 to 66 and 12 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for February delivery was up 0.88% or 10.15 to $1161.85 a troy ounce. Meanwhile, Crude oil for delivery in February fell 2.33% or 1.25 to hit $52.47 a barrel, while the March Brent oil contract fell 2.13% or 1.21 to trade at $55.61 a barrel.

EUR/USD was down 0.36% to 1.0417, while EUR/GBP fell 0.18% to 0.8499.

The US Dollar Index was up 0.75% at 103.14.

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