Spain shares lower at close of trade; IBEX 35 down 1.20%

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Spain shares lower at close of trade; IBEX 35 down 1.20% – Spain equities were lower at the close on Thursday, as losses in the Financial Services & Real Estate , Telecoms & IT and Consumer Services sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 1.20% to hit a new 52-week low.

The biggest gainers of the session on the IBEX 35 were Distribuidora Intl de Aliment (MC: DIDA ), which rose 5.88% or 0.050 points to trade at 0.896 at the close. Acerinox (MC: ACX ) added 2.81% or 0.320 points to end at 11.710 and Inmobiliaria Colonial SA (MC: COL ) was up 2.43% or 0.210 points to 8.860 in late trade.

Biggest losers included B. Sabadell (MC: SABE ), which lost 6.42% or 0.081 points to trade at 1.181 in late trade. Bankinter (MC: BKT ) declined 6.37% or 0.500 points to end at 7.350 and Bankia SA (MC: BKIA ) shed 5.01% or 0.157 points to 2.975.

Advancing stocks outnumbered falling ones by 84 to 79 and 22 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.29% or 3.60 to $1231.00 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.56% or 0.39 to hit $69.36 a barrel, while the December Brent oil contract fell 0.39% or 0.31 to trade at $79.74 a barrel.

EUR/USD was down 0.25% to 1.1473, while EUR/GBP rose 0.24% to 0.8791.

The US Dollar Index Futures was up 0.22% at 95.56.

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