Spanish stock market falls

Madrid, March 23 (IANS) The Spanish stock market index Ibex 35 fell 0.32 percent after Brussels terrorist attacks that killed at least 34 people to close at 8,992 points, down from the 9,021 points of the previous session.

The index Ibex 35 registered losses on Tuesday shortly after the terrorist attacks, Xinhua news agency reported. The index fell 1 percent in early trading and fell 2 percent after the attack reported at the Maelbeek metro station.

The attacks had an impact on share values of those companies related to tourism on Tuesday session: IAG shares fell 2.36 percent, AENA rose 0.39 percent and Amadeus showed no variations. Meanwhile, the hotel industry companies NH and Melia shares fell 3. 77 percent and 0.8 percent respectively.

On Tuesday session, ArcelorMittal shares led falls losing 2.44 percent, followed by IAG, Sacyr, Banco Santander and Banco Popular that lost 2.36 percent, 1.94 percent, 1.53 percent and 1.52 percent respectively.

On the other hand, Indra A shares led rises climbing 2.99 percent followed by Gamesa, Grifols, DIA, Abertis A and Inditex that rose 1.93 percent, 1.19 percent, 1.01 percent, 0.81percent and 0.57 percent respectively.

Spain’s risk premium and Spain’s 10-year bond interest rate showed no major variations when compared with Monday: the first closed at 122.9 points and the second closed at 1.4 percent.

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