Spain shares higher at close of trade; IBEX 35 up 0.71%

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Spain shares higher at close of trade; IBEX 35 up 0.71% – Spain equities were higher at the close on Wednesday, as gains in the Consumer Services , Financial Services & Real Estate and Building & Construction sectors propelled shares higher.

At the close in Madrid, the IBEX 35 rose 0.71% to hit a new 1-month high.

The biggest gainers of the session on the IBEX 35 were B. Sabadell (MC: SABE ), which rose 4.80% or 0.049 points to trade at 1.070 at the close. Cie Automotive (MC: CIEA ) added 3.85% or 0.880 points to end at 23.740 and International Consolidated Airlines Group SA (MC: ICAG ) was up 3.75% or 0.250 points to 6.924 in late trade.

Biggest losers included Red Electrica Corporacion SA (MC: REE ), which lost 2.13% or 0.420 points to trade at 19.275 in late trade. Enagas (MC: ENAG ) declined 1.71% or 0.430 points to end at 24.750 and Siemens Gamesa Renewable Energy SA (MC: SGREN ) shed 1.42% or 0.160 points to 11.090.

Advancing stocks outnumbered falling ones by 116 to 61 and 15 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.45% or 5.85 to $1294.25 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.59% or 0.31 to hit $51.80 a barrel, while the March Brent oil contract rose 0.07% or 0.04 to trade at $60.68 a barrel.

EUR/USD was down 0.11% to 1.1401, while EUR/GBP fell 0.02% to 0.8870.

The US Dollar Index Futures was unchanged 0.00% at 95.675.

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