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Spain shares lower at close of trade; IBEX 35 down 0.61%

Published 28/02/2018, 17:35
Spain shares lower at close of trade; IBEX 35 down 0.61%
ES35
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GRLS
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REP
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BKIA
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IFNC.MA
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ICNS.MA
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IBDC.MA
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MEL
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VIS
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MRL
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Investing.com – Spain equities were lower at the close on Wednesday, as losses in the Consumer Goods, Financial Services & Real Estate and Building & Construction sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 0.61%.

The biggest gainers of the session on the IBEX 35 were Melia Hotels (MC:MEL), which rose 7.82% or 0.880 points to trade at 12.140 at the close. Merlin Properties SA (MC:MRL) added 3.61% or 0.41 points to end at 11.77 and Repsol (MC:REP) was up 3.48% or 0.495 points to 14.705 in late trade.

Biggest losers included Grifols SA (MC:GRLS), which lost 4.93% or 1.170 points to trade at 22.580 in late trade. Bankia SA (MC:BKIA) declined 2.82% or 0.114 points to end at 3.928 and Viscofan (MC:VIS) shed 2.06% or 1.100 points to 52.300.

Declining stocks outnumbered rising ones by 112 to 74 and 17 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for April delivery was up 0.19% or 2.50 to $1321.10 a troy ounce. Meanwhile, Crude oil for delivery in April fell 1.19% or 0.75 to hit $62.26 a barrel, while the May Brent oil contract fell 1.49% or 0.99 to trade at $65.53 a barrel.

EUR/USD was down 0.19% to 1.2210, while EUR/GBP rose 0.74% to 0.8860.

The US Dollar Index Futures was up 0.21% at 90.50.

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