Spain shares lower at close of trade; IBEX 35 down 1.18%

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Spain shares lower at close of trade; IBEX 35 down 1.18%
Credit: © Reuters. – Spain equities were lower at the close on Friday, as losses in the Chemical, Petroleum & Plastic , Building & Construction and Consumer Goods sectors propelled shares lower.

At the close in Madrid, the IBEX 35 fell 1.18% to hit a new 52-week low.

The biggest gainers of the session on the IBEX 35 were Melia Hotels (MC: MEL ), which rose 1.97% or 0.180 points to trade at 9.340 at the close. ArcelorMittal SA (MC: MTS ) added 1.65% or 0.400 points to end at 24.640 and Grifols SA (MC: GRLS ) was up 1.36% or 0.300 points to 22.300 in late trade.

Biggest losers included Endesa (MC: ELE ), which lost 4.01% or 0.720 points to trade at 17.250 in late trade. Acciona (MC: ANA ) declined 3.97% or 2.960 points to end at 71.540 and Iberdrola (MC: IBE ) shed 3.44% or 0.214 points to 6.000.

Declining stocks outnumbered rising ones by 105 to 62 and 26 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.35% or 4.30 to $1223.30 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.15% or 0.11 to hit $71.08 a barrel, while the December Brent oil contract fell 0.52% or 0.42 to trade at $79.84 a barrel.

EUR/USD was down 0.29% to 1.1559, while EUR/GBP rose 0.27% to 0.8786.

The US Dollar Index Futures was up 0.25% at 94.93.

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