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Spain shares higher at close of trade; IBEX 35 up 2.32%

Published 26/05/2016, 02:35 am
© Reuters.  Spain shares higher at close of trade; IBEX 35 up 2.32%
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Investing.com – Spain equities were higher at the close on Wednesday, as gains in the Financial Services & Real Estate, Telecoms & IT and Building & Construction sectors propelled shares higher.

At the close in Madrid, the IBEX 35 rose 2.32%.

The biggest gainers of the session on the IBEX 35 were Sacyr (MC:SCYR), which rose 7.92% or 0.138 points to trade at 1.880 at the close. Banco Popular (MC:POP) added 7.53% or 0.165 points to end at 2.356 and Caixabank SA (MC:CABK) was up 6.27% or 0.156 points to 2.645 in late trade.

Biggest losers included Aena Aeropuertos SA (MC:AENA), which lost 3.89% or 4.85 points to trade at 119.75 in late trade. Abertis Infr (MC:ABE) declined 0.82% or 0.120 points to end at 14.555 and Inditex (MC:ITX) shed 0.63% or 0.185 points to 29.320.

Advancing stocks outnumbered falling ones by 135 to 59 and 20 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold for June delivery was down 0.59% or 7.25 to $1221.95 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.70% or 0.34 to hit $48.96 a barrel, while the July Brent oil contract rose 1.11% or 0.54 to trade at $49.15 a barrel.

EUR/USD was up 0.11% to 1.1153, while EUR/GBP fell 0.30% to 0.7591.

The US Dollar Index was down 0.13% at 95.47.

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