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

Published 12/27/2018, 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 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 1.38% to hit a new 52-week low.

The best performers of the session on the IBEX 35 were International Consolidated Airlines Group SA (MC:ICAG), which rose 1.73% or 0.114 points to trade at 6.706 at the close. Meanwhile, Amadeus IT (MC:AMA) added 0.94% or 0.560 points to end at 60.220 and Inmobiliaria Colonial SA (MC:COL) was down 0.25% or 0.020 points to 8.040 in late trade.

The worst performers of the session were Merlin Properties SA (MC:MRL), which fell 5.18% or 0.58 points to trade at 10.62 at the close. Naturgy Energy Group SA (MC:NTGY) declined 5.17% or 1.180 points to end at 21.640 and Endesa SA (MC:ELE) was down 4.00% or 0.850 points to 20.420.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 145 to 34 and 15 ended unchanged.

Shares in Merlin Properties SA (MC:MRL) fell to 52-week lows; down 5.18% or 0.58 to 10.62. Shares in Inmobiliaria Colonial SA (MC:COL) fell to 52-week lows; losing 0.25% or 0.020 to 8.040.

Gold Futures for February delivery was up 0.79% or 10.05 to $1279.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 3.63% or 1.69 to hit $44.92 a barrel, while the March Brent oil contract fell 3.73% or 2.06 to trade at $53.23 a barrel.

EUR/USD was up 0.78% to 1.1441, while EUR/GBP rose 0.63% to 0.9044.

The US Dollar Index Futures was down 0.55% at 96.047.

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