Spanish stocks close lower

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Madrid, March 8 (IANS) The Spanish stock market index Ibex-35 fell 0.28 percent on Monday to close at 8,786.80 points, down from the 8,811 points of Friday.

On Monday session, Indra A shares led falls losing 4.44 percent, followed by Banco Sabadell, Caixabank, Merlin and Bankinter that lost 2.25 percent, 1.93 percent, 1.47 percent and 1.46 percent respectively, Xinhua news agency reported.

On the other hand, FCC shares led rises climbing 14.57 percent, followed by OHL, Repsol, Tecnicas Reunidas and Sacyr 4.96 percent, 2.68 percent, 2.35 percent and 1.24 percent respectively.

Spain’s risk premium closed at 137.90 points, up from the 132.4 points of Friday.

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