Spanish stock market rises

Madrid, Oct 23 (IANS) The Spanish stock market Ibex-35 rose 2.05 percent to close at 10,365.40 points.

Telefonica shares led rises climbing 5.25 percent, followed by Banco Santander, Inditex, Abertis A, Repsol and Grifols that rose 3.23 percent, 3.13 percent, 3.10 percent, 3.01 percent and 2.61 percent respectively on Thursday, Xinhua reported.

On the other hand, Abengoa “B” shares led falls losing 3.55 percent, followed by Bankinter, OHL, Mediaset, Bankia and Amadeus that lost 3.27 percent, 3.04 percent, 1.41 percent, 0.98 percent and 0.89 percent respectively.

Meanwhile, Spain’s ten-year bond interest rate stood at 1.6 percent, falling slightly from the 1.75 percent of Wednesday and Spain’s risk premium stood at 110.5 points, falling from the 118.40 points of Wednesday.

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