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Spain stocks lower at close of trade; IBEX 35 down 2.44%

Published 08/12/2015, 12:35 PM
Updated 08/12/2015, 12:36 PM
Spain stocks lower at close of trade; IBEX 35 down 2.44%

Spain stocks lower at close of trade; IBEX 35 down 2.44%

Investing.com – Spain stocks were lower after the close on Wednesday, as losses in the Consumer Goods, Building & Construction and Financial Services & Real Estate sectors led shares lower.

At the close in Madrid, the IBEX 35 declined 2.44% to hit a new 1-month low.

The best performers of the session on the IBEX 35 were Tecnicas Reunidas (MADRID:TRE), which rose 0.11% or 0.050 points to trade at 44.825 at the close. Meanwhile, Aena Aeropuertos SA (MADRID:AENA) fell 0.14% or 0.15 points to end at 103.50 and Endesa (MADRID:ELE) was down 0.36% or 0.070 points to 19.290 in late trade.

The worst performers of the session were Abengoa B (MADRID:ABGek), which fell 8.95% or 0.094 points to trade at 0.956 at the close. Gamesa (MADRID:GAM) declined 5.12% or 0.770 points to end at 14.255 and Int.Airl.Grp (MADRID:ICAG) was down 5.04% or 0.390 points to 7.350.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 188 to 17 and 3 ended unchanged.

Shares in Abengoa B (MADRID:ABGek) fell to all time lows; down 8.95% or 0.094 to 0.956.

Gold for December delivery was up 1.40% or 15.50 to $1123.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.14% or 0.06 to hit $43.14 a barrel, while the October Brent oil contract rose 0.64% or 0.32 to trade at $50.03 a barrel.

EUR/USD was up 1.34% to 1.1189, while EUR/GBP rose 0.87% to 0.7155.

The US Dollar Index was down 1.16% at 96.11.

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