Investing.com – Spain stocks were lower after the close on Thursday, as losses in the Financial Services & Real Estate, Consumer Services and Telecoms & IT sectors led shares lower.
At the close in Madrid, the IBEX 35 fell 4.88% to hit a new 52-week low.
The best performers of the session on the IBEX 35 were Red Electrica Corp. (MC:REE), which fell 2.21% or 1.580 points to trade at 70.040 at the close. Meanwhile, Tecnicas Reunidas (MC:TRE) fell 2.36% or 0.660 points to end at 27.355 and Enagas (MC:ENAG) was down 2.36% or 0.605 points to 25.015 in late trade.
The worst performers of the session were Bankia (MC:BKIA), which fell 7.64% or 0.060 points to trade at 0.725 at the close. BBVA (MC:BBVA) declined 7.14% or 0.403 points to end at 5.241 and Banco Santander (MC:SAN) was down 6.87% or 0.244 points to 3.310.
Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 189 to 16 and 21 ended unchanged.
Shares in Bankia (MC:BKIA) fell to 52-week lows; down 7.64% or 0.060 to 0.725. Shares in Tecnicas Reunidas (MC:TRE) fell to 3-years lows; down 2.36% or 0.660 to 27.355. Shares in BBVA (MC:BBVA) fell to 3-years lows; losing 7.14% or 0.403 to 5.241. Shares in Banco Santander (MC:SAN) fell to 5-year lows; falling 6.87% or 0.244 to 3.310.
Gold for April delivery was up 5.15% or 61.50 to $1256.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.53% or 0.69 to hit $26.75 a barrel, while the April Brent oil contract fell 1.82% or 0.56 to trade at $30.28 a barrel.
EUR/USD was up 0.54% to 1.1353, while EUR/GBP rose 1.05% to 0.7856.
The US Dollar Index was down 0.41% at 95.45.