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Spain stocks higher at close of trade; IBEX 35 up 2.05%

Published 03/01/2017, 12:35 PM
Updated 03/01/2017, 12:35 PM
© Reuters.  Spain stocks higher at close of trade; IBEX 35 up 2.05%

© Reuters. Spain stocks higher at close of trade; IBEX 35 up 2.05%

Investing.com – Spain stocks were higher after the close on Wednesday, as gains in the Financial Services & Real Estate, Telecoms & IT and Building & Construction sectors led shares higher.

At the close in Madrid, the IBEX 35 rose 2.05% to hit a new 52-week high.

The best performers of the session on the IBEX 35 were B. Sabadell (MC:SABE), which rose 6.77% or 0.094 points to trade at 1.482 at the close. Meanwhile, Arcel. Mittal (MC:MTS) added 5.04% or 0.419 points to end at 8.732 and Mediaset ESP (MC:TL5) was up 3.65% or 0.405 points to 11.485 in late trade.

The worst performers of the session were Viscofan (MC:VIS), which fell 1.70% or 0.840 points to trade at 48.585 at the close. Endesa (MC:ELE) declined 0.17% or 0.035 points to end at 20.060 and Enagas (MC:ENAG) was down 0.02% or 0.005 points to 23.190.

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 118 to 45 and 24 ended unchanged.

Gold Futures for April delivery was down 0.52% or 6.55 to $1247.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.24% or 0.13 to hit $53.88 a barrel, while the May Brent oil contract fell 0.14% or 0.08 to trade at $56.43 a barrel.

EUR/USD was down 0.09% to 1.0568, while EUR/GBP rose 0.48% to 0.8583.

The US Dollar Index Futures was up 0.26% at 101.59.

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