Spanish stock market index plummets

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Madrid, Feb 25 (IANS) The Spanish stock market index Ibex-35 fell 3.07 percent to close at 8,013.70 points, down from the 8,267.60 points of the previous session.

IAG shares led falls losing 5.09 percent on Wednesday, followed by DIA, Banco Santander, BBVA, Indra A and ArcelorMittal that lost 4.83 percent, 4.76 percent, 4.54 percent, 4.47 percent and 4.31 percent respectively, Xinhua news agency reported.

FCC shares lost 0.31 percent, as well as Sacyr, Acciona and Enagas that lost 0.35 percent, 1.10 percent and 1.45 percent respectively.

Meanwhile, Spain’s risk premium closed at 147.20 points and Spain’s 10-year bond interest rate closed at 1.63 percent, both showing no big differences when compared with Tuesday.

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