Spain shares higher at close of trade; IBEX 35 up 1.96%

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Spain shares higher at close of trade; IBEX 35 up 1.96%
Credit: © Reuters. – Spain equities were higher at the close on Monday, as gains in the Telecoms & IT , Financial Services & Real Estate and Consumer Services sectors propelled shares higher.

At the close in Madrid, the IBEX 35 added 1.96%.

The biggest gainers of the session on the IBEX 35 were Telefonica (MC: TEF ), which rose 4.38% or 0.321 points to trade at 7.655 at the close. Tecnicas Reunidas (MC: TRE ) added 3.98% or 0.890 points to end at 23.230 and BBVA (MC: BBVA ) was up 3.45% or 0.170 points to 5.085 in late trade.

Biggest losers included Distribuidora Intl de Aliment (MC: DIDA ), which lost 2.58% or 0.021 points to trade at 0.779 in late trade. Grifols SA (MC: GRLS ) declined 0.66% or 0.170 points to end at 25.650 and Red Electrica Corporacion SA (MC: REE ) shed 0.34% or 0.065 points to 18.910.

Advancing stocks outnumbered falling ones by 132 to 35 and 18 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was down 0.04% or 0.50 to $1228.60 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.30% or 1.16 to hit $51.58 a barrel, while the February Brent oil contract rose 2.56% or 1.51 to trade at $60.55 a barrel.

EUR/USD was up 0.05% to 1.1342, while EUR/GBP fell 0.02% to 0.8846.

The US Dollar Index Futures was up 0.06% at 96.882.

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