Spanish stock market closes higher

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Madrid, Feb 23 (IANS) The Spanish stock market index Ibex 35 rose 2.35 percent on Monday to close at 8,387 points, up from the 8,194.20 points of Friday.

ArcelorMittal shares led rises climbing 7 percent, followed by Banco Popular, Sacyr, Banco Santander, Caixabank and Repsol that rose 5.25 percent, 5.15 percent, 5 percent, 4.43 percent and 4.42 percent respectively, Xinhua news agency reported.

Indra A shares rose 0.28 percent as well as FCC, Abertis A, Iberdrola and Ferrovial that rose 0.44 percent, 0.60 percent, 0.67 percent and 0.82 percent respectively, while on the other hand, IAG shares fell 1.67 percent.

Meanwhile, Spain’s risk premium closed at 148.60 points, slightly below the 150.40 points of Friday closing time, and Spain’ s 10-year bond interest rate stood at 1.67 percent, showing no differences when compared with Friday.

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