Spain stocks lower at close of trade; IBEX 35 down 0.85%

Spain stocks lower at close of trade; IBEX 35 down 0.85%

Oct 17, 2018

Spain stocks were lower after the close on Wednesday, as losses in the Consumer Services, Financial Services&Real Estate and Telecoms&IT sectors led shares lower.

At the close in Madrid, the IBEX 35 declined 0.85%.

The best performers of the session on the IBEX 35 were Siemens Gamesa Renewable Energy SA (MC:SGREN), which rose 1.56% or 0.152 points to trade at 9.912 at the close. Meanwhile, Merlin Properties SA (MC:MRL) added 1.21% or 0.14 points to end at 11.26 and Grifols SA (MC:GRLS) was up 0.66% or 0.150 points to 22.760 in late trade.

The worst performers of the session were Distribuidora Intl de Aliment (MC:DIDA), which fell 15.04% or 0.150 points to trade at 0.850 at the close. International Consolidated Airlines Group SA (MC:ICAG) declined 2.09% or 0.142 points to end at 6.652 and Indra A (MC:IDR) was down 1.86% or 0.170 points to 8.960.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 98 to 62 and 25 ended unchanged.

Shares in Distribuidora Intl de Aliment (MC:DIDA) fell to all time lows; losing 15.04% or 0.150 to 0.850.

Gold Futures for December delivery was down 0.13% or 1.60 to $1229.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.56% or 1.84 to hit $70.08 a barrel, while the December Brent oil contract fell 1.70% or 1.38 to trade at $80.03 a barrel.

EUR/USD was down 0.36% to 1.1532, while EUR/GBP rose 0.01% to 0.8779.

The US Dollar Index Futures was up 0.33% at 95.09.

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