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Spain shares higher at close of trade; IBEX 35 up 1.96%

Published 20/04/2016, 17:35
Spain shares higher at close of trade; IBEX 35 up 1.96%
ES35
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BBVA
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SGREN_OLD
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IDR
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MAP
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TL5
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TRE
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IFNC.MA
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ICMS.MA
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IENE.MA
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Investing.com – Spain equities were higher at the close on Wednesday, as gains in the Financial Services & Real Estate, Chemical, Petroleum & Plastic and Telecoms & IT sectors propelled shares higher.

At the close in Madrid, the IBEX 35 gained 1.96% to hit a new 3-month high.

The biggest gainers of the session on the IBEX 35 were BBVA (MC:BBVA), which rose 5.77% or 0.347 points to trade at 6.364 at the close. Mapfre (MC:MAP) added 4.98% or 0.110 points to end at 2.318 and Mediaset ESP (MC:TL5) was up 4.81% or 0.515 points to 11.220 in late trade.

Biggest losers included Gamesa (MC:GAM), which lost 2.60% or 0.445 points to trade at 16.675 in late trade. Indra A (MC:IDR) declined 1.50% or 0.160 points to end at 10.545 and Tecnicas Reunidas (MC:TRE) shed 1.04% or 0.300 points to 28.580.

Advancing stocks outnumbered falling ones by 147 to 56 and 20 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for June delivery was up 0.08% or 1.00 to $1255.30 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.02% or 0.86 to hit $43.33 a barrel, while the June Brent oil contract rose 2.04% or 0.90 to trade at $44.93 a barrel.

EUR/USD was down 0.29% to 1.1326, while EUR/GBP fell 0.16% to 0.7877.

The US Dollar Index was up 0.22% at 94.28.

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