Spain shares lower at close of trade; IBEX 35 down 1.97%

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Spain shares lower at close of trade; IBEX 35 down 1.97% – Spain equities were lower at the close on Thursday, as losses in the Consumer Goods , Building & Construction and Telecoms & IT sectors propelled shares lower.

At the close in Madrid, the IBEX 35 declined 1.97% to hit a new 52-week low.

The biggest gainers of the session on the IBEX 35 were International Consolidated Airlines Group SA (MC: ICAG ), which rose 0.92% or 0.062 points to trade at 6.788 at the close. Mapfre (MC: MAP ) unchanged 0.00% or 0.000 points to end at 2.363 and Endesa SA (MC: ELE ) was down 0.24% or 0.050 points to 21.080 in late trade.

Biggest losers included Distribuidora Internacional de Alimentacion SA (MC: DIDA ), which lost 9.90% or 0.040 points to trade at 0.362 in late trade. Siemens Gamesa Renewable Energy SA (MC: SGREN ) declined 6.79% or 0.815 points to end at 11.180 and Inditex (MC: ITX ) shed 4.88% or 1.166 points to 22.704.

Declining stocks outnumbered rising ones by 144 to 32 and 15 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.72% or 9.10 to $1265.50 a troy ounce. Meanwhile, Crude oil for delivery in February fell 3.74% or 1.80 to hit $46.37 a barrel, while the February Brent oil contract fell 3.58% or 2.05 to trade at $55.19 a barrel.

EUR/USD was up 0.74% to 1.1460, while EUR/GBP rose 0.23% to 0.9042.

The US Dollar Index Futures was down 0.69% at 95.822.

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