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Spain shares lower at close of trade; IBEX 35 down 0.91%

Published 24/10/2018, 03:35 am
Updated 24/10/2018, 03:35 am
© Reuters.  Spain shares lower at close of trade; IBEX 35 down 0.91%

Investing.com – Spain equities were lower at the close on Tuesday, as losses in the Building & Construction, Telecoms & IT and Financial Services & Real Estate sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 0.91% to hit a new 52-week low.

The biggest gainers of the session on the IBEX 35 were Distribuidora Intl de Aliment (MC:DIDA), which rose 10.29% or 0.068 points to trade at 0.733 at the close. Inditex (MC:ITX) added 1.20% or 0.290 points to end at 24.360 and Iberdrola (MC:IBE) was up 0.80% or 0.050 points to 6.302 in late trade.

Biggest losers included Cie Automotive (MC:CIEA), which lost 4.84% or 1.120 points to trade at 22.040 in late trade. Indra A (MC:IDR) declined 4.09% or 0.360 points to end at 8.440 and Melia Hotels (MC:MEL) shed 3.39% or 0.305 points to 8.710.

Declining stocks outnumbered rising ones by 150 to 21 and 17 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 1.09% or 13.30 to $1234.50 a troy ounce. Meanwhile, Crude oil for delivery in December fell 4.66% or 3.22 to hit $65.95 a barrel, while the December Brent oil contract fell 4.70% or 3.75 to trade at $76.08 a barrel.

EUR/USD was up 0.11% to 1.1478, while EUR/GBP fell 0.17% to 0.8833.

The US Dollar Index Futures was down 0.12% at 95.63.

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