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Spain shares lower at close of trade; IBEX 35 down 2.75%

Published 2018-12-06, 12:35 p/m
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 2.75%
ES35
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MT
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COL
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DIDA
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IFNC.MA
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ICMS.MA
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CIEA
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Investing.com – Spain equities were lower at the close on Thursday, as losses in the Financial Services & Real Estate, Building & Construction and Telecoms & IT sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 2.75% to hit a new 1-month low.

The biggest gainers of the session on the IBEX 35 were Merlin Properties SA (MC:MRL), which rose 0.54% or 0.06 points to trade at 11.10 at the close. Aena SME SA (MC:AENA) added 0.25% or 0.35 points to end at 140.50 and Inmobiliaria Colonial SA (MC:COL) was down 0.06% or 0.005 points to 8.540 in late trade.

Biggest losers included Distribuidora Intl de Aliment (MC:DIDA), which lost 9.37% or 0.056 points to trade at 0.540 in late trade. ArcelorMittal SA (MC:MTS) declined 5.97% or 1.202 points to end at 18.928 and Cie Automotive (MC:CIEA) shed 5.87% or 1.280 points to 20.540.

Declining stocks outnumbered rising ones by 143 to 23 and 22 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.27% or 3.30 to $1245.90 a troy ounce. Meanwhile, Crude oil for delivery in January fell 3.33% or 1.76 to hit $51.13 a barrel, while the February Brent oil contract fell 3.44% or 2.12 to trade at $59.44 a barrel.

EUR/USD was up 0.38% to 1.1387, while EUR/GBP fell 0.06% to 0.8904.

The US Dollar Index Futures was down 0.34% at 96.678.

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