Spain shares higher at close of trade; IBEX 35 up 0.52%

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Spain shares higher at close of trade; IBEX 35 up 0.52%
Credit: © Reuters. – Spain equities were higher at the close on Wednesday, as gains in the Financial Services & Real Estate , Consumer Goods and Building & Construction sectors propelled shares higher.

At the close in Madrid, the IBEX 35 added 0.52% to hit a new 3-month high.

The biggest gainers of the session on the IBEX 35 were Bankinter (MC: BKT ), which rose 3.15% or 0.276 points to trade at 9.048 at the close. Repsol (MC: REP ) added 2.54% or 0.410 points to end at 16.540 and Bankia SA (MC: BKIA ) was up 2.17% or 0.077 points to 3.628 in late trade.

Biggest losers included Melia Hotels (MC: MEL ), which lost 2.90% or 0.360 points to trade at 12.040 in late trade. Endesa (MC: ELE ) declined 0.92% or 0.180 points to end at 19.470 and Red Electrica Corporacion SA (MC: REE ) shed 0.86% or 0.150 points to 17.225.

Advancing stocks outnumbered falling ones by 109 to 70 and 26 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.11% or 1.40 to $1312.30 a troy ounce. Meanwhile, Crude oil for delivery in June rose 3.13% or 2.16 to hit $71.22 a barrel, while the July Brent oil contract rose 3.09% or 2.31 to trade at $77.16 a barrel.

EUR/USD was down 0.13% to 1.1850, while EUR/GBP fell 0.23% to 0.8741.

The US Dollar Index Futures was down 0.02% at 92.92.

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