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Spain shares higher at close of trade; IBEX 35 up 1.06%

Published 20/07/2016, 17:35
© Reuters.  Spain shares higher at close of trade; IBEX 35 up 1.06%
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Investing.com – Spain equities were higher at the close on Wednesday, as gains in the Telecoms & IT, Financial Services & Real Estate and Chemical, Petroleum & Plastic sectors propelled shares higher.

At the close in Madrid, the IBEX 35 gained 1.06%.

The biggest gainers of the session on the IBEX 35 were Bankia (MC:BKIA), which rose 3.50% or 0.023 points to trade at 0.680 at the close. Banco Popular (MC:POP) added 3.39% or 0.041 points to end at 1.252 and Bankinter (MC:BKT) was up 2.54% or 0.155 points to 6.267 in late trade.

Biggest losers included ACS Const. (MC:ACS), which lost 2.48% or 0.665 points to trade at 26.105 in late trade. Tecnicas Reunidas (MC:TRE) declined 0.95% or 0.265 points to end at 27.500 and Ferrovial (MC:FER) shed 0.63% or 0.115 points to 18.105.

Advancing stocks outnumbered falling ones by 89 to 61 and 16 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for August delivery was down 1.05% or 14.05 to $1318.25 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.90% or 0.41 to hit $45.86 a barrel, while the September Brent oil contract rose 1.33% or 0.62 to trade at $47.28 a barrel.

EUR/USD was down 0.15% to 1.1004, while EUR/GBP fell 0.67% to 0.8351.

The US Dollar Index was up 0.14% at 97.20.

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