Spain shares lower at close of trade; IBEX 35 down 0.27%

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Spain shares lower at close of trade; IBEX 35 down 0.27% – Spain equities were lower at the close on Wednesday, as losses in the Chemical, Petroleum & Plastic , Telecoms & IT and Consumer Services sectors propelled shares lower.

At the close in Madrid, the IBEX 35 fell 0.27%.

The biggest gainers of the session on the IBEX 35 were Tecnicas Reunidas (MC: TRE ), which rose 5.08% or 1.110 points to trade at 22.980 at the close. Indra A (MC: IDR ) added 4.83% or 0.395 points to end at 8.580 and Cie Automotive (MC: CIEA ) was up 2.85% or 0.640 points to 23.100 in late trade.

Biggest losers included Bankinter (MC: BKT ), which lost 2.13% or 0.154 points to trade at 7.082 in late trade. Telefonica (MC: TEF ) declined 2.04% or 0.157 points to end at 7.527 and Merlin Properties SA (MC: MRL ) shed 1.45% or 0.16 points to 10.90.

Advancing stocks outnumbered falling ones by 105 to 75 and 11 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.26% or 3.35 to $1289.25 a troy ounce. Meanwhile, Crude oil for delivery in February rose 4.40% or 2.19 to hit $51.97 a barrel, while the March Brent oil contract rose 3.97% or 2.33 to trade at $61.05 a barrel.

EUR/USD was up 0.77% to 1.1528, while EUR/GBP rose 0.41% to 0.9029.

The US Dollar Index Futures was down 0.60% at 94.903.

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