Spanish stock market falls

Madrid, March 16 (IANS) The Spanish stock market index Ibex-35 fell 1.69 percent to close at 8,988.30 points, down from the 9,142.70 points of the previous session.

Banco Popular shares led falls losing 4.82 percent, followed by Banco Santander, Sacyr, Caixabank and BBVA that lost 4.43 percent, 4.34 percent, 3.27 percent and 2.96 percent respectively on Tuesday, Xinhua news agency reported.

Merlin shares led rises climbing 0.98 percent, followed by AENA, Indra A, Gamesa, and Endesa that rose 0.83 percent, 0.69 percent, 0.65 percent and 0.41 percent respectively.

Meanwhile, Spain’s risk premium closed at 120.60 points, which was slightly above the 119.1 points of Monday.

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