Spanish stock market rises

Madrid, Oct 8 (IANS) Spanish stock market index Ibex-35 rose 0.66 percent to close at 10,170 points, up from 10,103.30 points of the previous day.

During Wednesday’s session, ArcelorMittal shares led rises, soaring 6.84 percent followed by Acerinox, Gamesa, Sacyr, Banco Popular and Caixabank which, respectively, rose 5.36 percent, 5.29 percent, 3.91 percent, 3.42 percent and 2.87 percent.

On the other hand, Tecnicas Reunidas shares led falls, dropping 5.59 percent, followed by IAG, Abengoa “B”, Amadeus, Grifols and Inditex which, respectively, lost 4.77 percent, 2.61 percent, 2.57 percent, 1.66 percent and 1.45 percent, Xinhua reported.

Meanwhile, Spain’s risk premium stood at 125 points on Wednesday at closing time and Spain’s 10 year bond interest rate stood at 1.8 percent.

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