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Spain stocks lower at close of trade; IBEX 35 down 1.38%

Published 04/01/2016, 12:35 PM
© Reuters.  Spain stocks lower at close of trade; IBEX 35 down 1.38%
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Investing.com – Spain stocks were lower after the close on Friday, as losses in the Telecoms & IT, Financial Services & Real Estate and Consumer Goods sectors led shares lower.

At the close in Madrid, the IBEX 35 lost 1.38% to hit a new 1-month low.

The best performers of the session on the IBEX 35 were Arcel. Mittal (MC:MTS), which rose 4.50% or 0.179 points to trade at 4.159 at the close. Meanwhile, Tecnicas Reunidas (MC:TRE) added 2.65% or 0.655 points to end at 25.380 and Sacyr (MC:SCYR) was up 2.59% or 0.044 points to 1.741 in late trade.

The worst performers of the session were Telefonica (MC:TEF), which fell 3.87% or 0.381 points to trade at 9.471 at the close. Obrascon Huarte Lain (MC:OHL) declined 3.30% or 0.185 points to end at 5.424 and Repsol (MC:REP) was down 3.03% or 0.301 points to 9.619.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 140 to 66 and 18 ended unchanged.

Gold for June delivery was down 1.53% or 18.90 to $1216.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.76% or 1.44 to hit $36.90 a barrel, while the June Brent oil contract fell 3.99% or 1.61 to trade at $38.72 a barrel.

EUR/USD was up 0.15% to 1.1398, while EUR/GBP rose 1.14% to 0.8015.

The US Dollar Index was down 0.05% at 94.60.

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