Spanish stocks close lower

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Madrid, March 9 (IANS) The Spanish stock market index Ibex-35 fell 0.53 percent on Tuesday to close at 8,740.30 points, down from the 8,786.80 points of Monday.

ArcelorMittal shares led falls on Tuesday session by losing 7.51 percent, followed by Tecnicas Reunidas, OHL, DIA and Gamesa tat which lost 4.02 percent, 3.47 percent, 3.40 percent and 3.35 percent, respectively, Xinhua news agency reported.

On the other hand, Banco Santander led rises by climbing 0.97 percent, followed by Acerinox, Iberdrola, Endesa and Abertis that rose 0.64 percent, 0.29 percent, 0.24 percent and 0.07 percent, respectively.

Spain’s risk premium closed at 139.90 points, slightly above the 137.90 points of Monday, while Spain’s 10-year bond interest rate closed at 1.5 percent.

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