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Spain stocks lower at close of trade; IBEX 35 down 1.90%

Published 08/01/2024, 12:05 PM
Updated 08/01/2024, 12:08 PM
Spain stocks lower at close of trade; IBEX 35 down 1.90%
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Investing.com – Spain stocks were lower after the close on Thursday, as losses in the Financial Services & Real Estate, Consumer Services and Building & Construction sectors led shares lower.

At the close in Madrid, the IBEX 35 fell 1.90% to hit a new 3-months low.

The best performers of the session on the IBEX 35 were Fluidra (BME:FLUI), which rose 8.55% or 1.76 points to trade at 22.34 at the close. Meanwhile, Cellnex Telecom SA (BME:CLNX) added 4.29% or 1.38 points to end at 33.56 and Corporacion Acciona Energias Renovables SA (BME:ANE) was up 1.49% or 0.29 points to 19.74 in late trade.

The worst performers of the session were Banco de Sabadell SA (BME:SABE), which fell 5.61% or 0.11 points to trade at 1.84 at the close. Banco Bilbao Vizcaya Argentaria SA (BME:BBVA) declined 5.09% or 0.49 points to end at 9.21 and ArcelorMittal SA (BME:MTS) was down 4.73% or 0.99 points to 19.96.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 135 to 51 and 35 ended unchanged.

Shares in ArcelorMittal SA (BME:MTS) fell to 3-years lows; losing 4.73% or 0.99 to 19.96.

Gold Futures for December delivery was up 0.66% or 16.40 to $2,489.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.83% or 0.65 to hit $77.26 a barrel, while the October Brent oil contract fell 0.63% or 0.51 to trade at $80.33 a barrel.

EUR/USD was unchanged 0.30% to 1.08, while EUR/GBP unchanged 0.32% to 0.84.

The US Dollar Index Futures was up 0.25% at 104.12.

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