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Spain shares lower at close of trade; IBEX 35 down 0.72%

Published 02/12/2016, 17:35
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 0.72%
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Investing.com – Spain equities were lower at the close on Friday, as losses in the Financial Services & Real Estate, Building & Construction and Consumer Goods sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 0.72% to hit a new 3-month low.

The biggest gainers of the session on the IBEX 35 were Tecnicas Reunidas (MC:TRE), which rose 2.52% or 0.885 points to trade at 36.070 at the close. Gas Natural (MC:GAS) added 1.00% or 0.160 points to end at 16.205 and Merlin Properties SA (MC:MRL) was up 0.74% or 0.07 points to 9.47 in late trade.

Biggest losers included Banco Popular (MC:POP), which lost 4.57% or 0.043 points to trade at 0.897 in late trade. Melia Hotels (MC:MEL) declined 2.47% or 0.260 points to end at 10.265 and Gamesa (MC:GAM) shed 2.14% or 0.415 points to 19.000.

Declining stocks outnumbered rising ones by 144 to 59 and 22 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for February delivery was up 0.79% or 9.25 to $1178.65 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.59% or 0.30 to hit $51.36 a barrel, while the February Brent oil contract rose 0.26% or 0.14 to trade at $54.08 a barrel.

EUR/USD was up 0.13% to 1.0673, while EUR/GBP fell 0.58% to 0.8419.

The US Dollar Index was down 0.23% at 100.79.

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