Spain stocks lower at close of trade; IBEX 35 down 1.69%

11 Oct 2018

Spain stocks lower at close of trade; IBEX 35 down 1.69%

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

At the close in Madrid, the IBEX 35 fell 1.69% to hit a new 52-week low.

The best performers of the session on the IBEX 35 were Grifols SA (MC:GRLS), which rose 0.64% or 0.140 points to trade at 22.000 at the close. Meanwhile, Cellnex Telecom SA (MC:CLNX) added 0.33% or 0.07 points to end at 21.12 and Melia Hotels (MC:MEL) was up 0.22% or 0.020 points to 9.160 in late trade.

The worst performers of the session were Endesa (MC:ELE), which fell 4.49% or 0.845 points to trade at 17.970 at the close. Acciona (MC:ANA) declined 4.36% or 3.400 points to end at 74.500 and Naturgy Energy Group SA (MC:GAS) was down 4.06% or 0.930 points to 21.990.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 146 to 28 and 20 ended unchanged.

Gold Futures for December delivery was up 2.44% or 29.10 to $1222.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.13% or 1.56 to hit $71.61 a barrel, while the December Brent oil contract fell 2.29% or 1.90 to trade at $81.19 a barrel.

EUR/USD was up 0.49% to 1.1578, while EUR/GBP rose 0.46% to 0.8773.

The US Dollar Index Futures was down 0.38% at 94.86.

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