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Spain stocks lower at close of trade; IBEX 35 down 1.49%

Published 03/22/2018, 01:35 PM
© Reuters.  Spain stocks lower at close of trade; IBEX 35 down 1.49%

Investing.com – Spain stocks were lower after the close on Thursday, as losses in the Financial Services & Real Estate, Telecoms & IT and Chemical, Petroleum & Plastic sectors led shares lower.

At the close in Madrid, the IBEX 35 declined 1.49% to hit a new 52-week low.

The best performers of the session on the IBEX 35 were Cellnex Telecom SA (MC:CLNX), which rose 1.02% or 0.22 points to trade at 21.83 at the close. Meanwhile, Indra A (MC:IDR) added 0.53% or 0.060 points to end at 11.430 and Viscofan (MC:VIS) was up 0.46% or 0.250 points to 54.700 in late trade.

The worst performers of the session were ArcelorMittal SA (MC:MTS), which fell 3.82% or 1.040 points to trade at 26.160 at the close. Bankia SA (MC:BKIA) declined 3.00% or 0.113 points to end at 3.650 and Melia Hotels (MC:MEL) was down 2.69% or 0.320 points to 11.590.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 134 to 54 and 19 ended unchanged.

Shares in Bankia SA (MC:BKIA) fell to 52-week lows; falling 3.00% or 0.113 to 3.650.

Gold Futures for April delivery was up 0.45% or 6.00 to $1327.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.15% or 0.75 to hit $64.42 a barrel, while the May Brent oil contract fell 0.68% or 0.47 to trade at $69.00 a barrel.

EUR/USD was down 0.26% to 1.2306, while EUR/GBP fell 0.07% to 0.8719.

The US Dollar Index Futures was up 0.20% at 89.46.

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