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Spain stocks lower at close of trade; IBEX 35 down 2.21%

Published 02/08/2018, 12:35 PM
© Reuters.  Spain stocks lower at close of trade; IBEX 35 down 2.21%
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Investing.com – Spain stocks were lower after the close on Thursday, as losses in the Telecoms & IT, Building & Construction and Consumer Goods sectors led shares lower.

At the close in Madrid, the IBEX 35 fell 2.21% to hit a new 6-months low.

The best performers of the session on the IBEX 35 were Endesa (MC:ELE), which rose 0.53% or 0.090 points to trade at 16.950 at the close. Meanwhile, Gas Natural (MC:GAS) unchanged 0.00% or 0.000 points to end at 17.910 and Melia Hotels (MC:MEL) was unchanged 0.00% or 0.000 points to 10.870 in late trade.

The worst performers of the session were ArcelorMittal SA (MC:MTS), which fell 4.15% or 1.150 points to trade at 26.590 at the close. ACS Actividades de Construccion y Servicios SA (MC:ACS) declined 4.04% or 1.210 points to end at 28.710 and Grifols SA (MC:GRLS) was down 3.91% or 0.950 points to 23.320.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 151 to 30 and 20 ended unchanged.

Shares in ACS Actividades de Construccion y Servicios SA (MC:ACS) fell to 52-week lows; down 4.04% or 1.210 to 28.710.

Gold Futures for April delivery was up 0.65% or 8.60 to $1323.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.60% or 0.99 to hit $60.80 a barrel, while the April Brent oil contract fell 1.45% or 0.95 to trade at $64.56 a barrel.

EUR/USD was down 0.19% to 1.2239, while EUR/GBP fell 0.43% to 0.8798.

The US Dollar Index Futures was up 0.08% at 90.23.

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