Investing.com – Spain stocks were lower after the close on Monday, as losses in the Financial Services & Real Estate, Consumer Services and Building & Construction sectors led shares lower.
At the close in Madrid, the IBEX 35 declined 4.44% to hit a new 52-week low.
The best performers of the session on the IBEX 35 were Iberdrola (MC:IBE), which fell 1.59% or 0.099 points to trade at 6.143 at the close. Meanwhile, Enagas (MC:ENAG) fell 1.81% or 0.475 points to end at 25.710 and Red Electrica Corp. (MC:REE) was down 2.58% or 1.910 points to 71.970 in late trade.
The worst performers of the session were Banco Popular (MC:POP), which fell 7.32% or 0.171 points to trade at 2.165 at the close. Int.Airl.Grp (MC:ICAG) declined 7.30% or 0.481 points to end at 6.109 and Arcel. Mittal (MC:MTS) was down 7.17% or 0.249 points to 3.224.
Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 181 to 18 and 8 ended unchanged.
Shares in Int.Airl.Grp (MC:ICAG) fell to 52-week lows; falling 7.30% or 0.481 to 6.109.
Gold for April delivery was up 3.06% or 35.40 to $1193.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.22% or 0.69 to hit $30.20 a barrel, while the April Brent oil contract fell 1.38% or 0.47 to trade at $33.59 a barrel.
EUR/USD was up 0.09% to 1.1165, while EUR/GBP rose 0.73% to 0.7746.
The US Dollar Index was down 0.09% at 96.89.