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Spain shares lower at close of trade; IBEX 35 down 1.38%

Published 27/12/2018, 17:35
Updated 27/12/2018, 17:35
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 1.38%

Investing.com – Spain equities were lower at the close on Thursday, as losses in the Chemical, Petroleum & Plastic, Building & Construction and Financial Services & Real Estate sectors propelled shares lower.

At the close in Madrid, the IBEX 35 lost 1.38% to hit a new 52-week low.

The biggest gainers of the session on the IBEX 35 were International Consolidated Airlines Group SA (MC:ICAG), which rose 1.73% or 0.114 points to trade at 6.706 at the close. Amadeus IT (MC:AMA) added 0.94% or 0.560 points to end at 60.220 and Inmobiliaria Colonial SA (MC:COL) was down 0.25% or 0.020 points to 8.040 in late trade.

Biggest losers included Merlin Properties SA (MC:MRL), which lost 5.18% or 0.58 points to trade at 10.62 in late trade. Naturgy Energy Group SA (MC:NTGY) declined 5.17% or 1.180 points to end at 21.640 and Endesa SA (MC:ELE) shed 4.00% or 0.850 points to 20.420.

Declining stocks outnumbered rising ones by 145 to 34 and 15 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.80% or 10.15 to $1279.90 a troy ounce. Meanwhile, Crude oil for delivery in February fell 3.58% or 1.67 to hit $44.94 a barrel, while the March Brent oil contract fell 3.69% or 2.04 to trade at $53.25 a barrel.

EUR/USD was up 0.78% to 1.1441, while EUR/GBP rose 0.62% to 0.9043.

The US Dollar Index Futures was down 0.56% at 96.042.

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