Spanish stock market closes lower

Madrid, Feb 24 (IANS) The Spanish stock market index Ibex-35 fell 1.42 percent to close at 8,267.60 points, down from 8,387 points of the previous session.

ArcelorMittal shares led falls losing 4.24 percent, followed by Sacyr, Repsol, Acerinox, BBVA and Indra A that lost 3.42 percent, 3.30 percent, 3.16 percent, 2.78 percent and 2.73 percent respectively on Tuesday, Xinhua reported.

On the other hand, OHL shares led rises climbing 6.85 percent, followed by IAG, Bankia, ACS and Amadeus that rose 2 percent, 1.47 percent, 1.31 percent and 0.91 percent respectively.

Meanwhile, Spain’s risk premium closed at 146.90 points, which was slightly below the 148.60 points of Monday.

Spain’s 10-year bond interest rate stood at 1.65 percent on Tuesday closing time, showing no big differences when compared with Monday.

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