Spanish stock market rises

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Madrid, Feb 27 (IANS) The Spanish stock market index Ibex-35 rose 1.63 percent to close at 8,349.20 points, up from the 8,125.60 points of the previous session.

Share values were up 1.9 percent in the week as a whole with the risk premium falling from the 148.60 points of Monday to the 140.90 points of Friday and Spain’s 10-year bond interest rate closed at 1.61 percent, Xinhua news agency reported.

On Friday’s session, Repsol shares led rises climbing 7.50 percent, followed by ACS and Gamesa that rose 6.50 percent and 5.82 percent respectively, while Ferrovial shares led falls losing 4.02 percent, followed by IAG and Telefonica that lost 3.24 percent and 3.17 percent respectively.

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