Spanish stock market closes lower

Madrid, Jan 19 (IANS) The Spanish stock market index Ibex-35 fell 0.87 percent to close at 8,469.30 points, down from the 8,543.60 points of Friday’s session.

On Monday session, Sacyr shares led falls losing 6.18 percent, followed by FCC, Tecnicas Reunidas, Banco Sabadell, Banco Popular and Bankinter that lost 5.70 percent, 5.01 percent, 4.52 percent, 2.77 percent and 2.35 percent respectively, Xinhua news agency reported.

On the other hand, ArcelorMittal shares led rises climbing 3.62 percent, followed by Ferrovial, Caixabank, Merlin, Gamesa and AENA that rose 1.45 percent, 0.78 percent, 0.62 percent, 0.43 percent and 0.11 percent respectively.

Meanwhile, Spain’s risk premium closed at 128 points and Spain’s 10-year bond interest rate closed at 1.746 percent, both showing no big differences when compared with Friday.

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