Spain shares higher at close of trade; IBEX 35 up 0.82%

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Spain shares higher at close of trade; IBEX 35 up 0.82% – Spain equities were higher at the close on Thursday, as gains in the Chemical, Petroleum & Plastic , Financial Services & Real Estate and Telecoms & IT sectors propelled shares higher.

At the close in Madrid, the IBEX 35 gained 0.82%.

The biggest gainers of the session on the IBEX 35 were Distribuidora Intl de Aliment (MC: DIDA ), which rose 10.47% or 0.048 points to trade at 0.510 at the close. Iberdrola (MC: IBE ) added 2.37% or 0.162 points to end at 7.008 and BBVA (MC: BBVA ) was up 1.87% or 0.087 points to 4.737 in late trade.

Biggest losers included Indra A (MC: IDR ), which lost 2.82% or 0.250 points to trade at 8.615 in late trade. Viscofan (MC: VIS ) declined 2.70% or 1.370 points to end at 49.380 and Acerinox (MC: ACX ) shed 2.28% or 0.200 points to 8.580.

Declining stocks outnumbered rising ones by 92 to 88 and 11 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was down 0.22% or 2.75 to $1247.25 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.41% or 0.72 to hit $51.87 a barrel, while the February Brent oil contract rose 0.98% or 0.59 to trade at $60.74 a barrel.

EUR/USD was down 0.13% to 1.1353, while EUR/GBP fell 0.11% to 0.8993.

The US Dollar Index Futures was up 0.14% at 97.157.

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