Spain stocks lower at close of trade; IBEX 35 down 1.70%

Spain stocks lower at close of trade; IBEX 35 down 1.70%

May 25, 2018

Investing.com – Spain stocks were lower after the close on Friday, as losses in the Chemical, Petroleum&Plastic, Financial Services&Real Estate and Building&Construction sectors led shares lower.

At the close in Madrid, the IBEX 35 fell 1.70% to hit a new 1-month low.

The best performers of the session on the IBEX 35 were International Consolidated Airlines Group SA (MC:ICAG), which rose 2.23% or 0.174 points to trade at 7.990 at the close. Meanwhile, Amadeus IT (MC:AMA) added 0.87% or 0.580 points to end at 67.380 and Melia Hotels (MC:MEL) was up 0.17% or 0.020 points to 11.680 in late trade.

The worst performers of the session were Caixabank SA (MC:CABK), which fell 3.77% or 0.153 points to trade at 3.910 at the close. Gas Natural (MC:GAS) declined 3.29% or 0.720 points to end at 21.150 and Acciona (MC:ANA) was down 3.17% or 2.140 points to 65.460.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 138 to 44 and 18 ended unchanged.

Shares in Amadeus IT (MC:AMA) rose to all time highs; up 0.87% or 0.580 to 67.380.

Gold Futures for June delivery was down 0.08% or 1.10 to $1303.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 4.34% or 3.07 to hit $67.64 a barrel, while the July Brent oil contract fell 3.44% or 2.71 to trade at $76.08 a barrel.

EUR/USD was down 0.50% to 1.1660, while EUR/GBP fell 0.02% to 0.8757.

The US Dollar Index Futures was up 0.43% at 94.12.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now