Spain stocks lower at close of trade; IBEX 35 down 0.06%

Investing.com

Published Mar 27, 2017 12:35PM ET

Spain stocks lower at close of trade; IBEX 35 down 0.06%

Investing.com – Spain stocks were lower after the close on Monday, as losses in the Building & Construction, Consumer Services and Financial Services & Real Estate sectors led shares lower.

At the close in Madrid, the IBEX 35 lost 0.06%.

The best performers of the session on the IBEX 35 were Melia Hotels (MC:MEL), which rose 2.12% or 0.265 points to trade at 12.785 at the close. Meanwhile, Iberdrola (MC:IBE) added 1.34% or 0.087 points to end at 6.572 and Grifols SA (MC:GRLS) was up 1.22% or 0.270 points to 22.420 in late trade.

The worst performers of the session were Arcel. Mittal (MC:MTS), which fell 4.66% or 0.372 points to trade at 7.604 at the close. International Consolidated Airlines Group SA (MC:ICAG) declined 2.80% or 0.178 points to end at 6.183 and Acerinox (MC:ACX) was down 2.69% or 0.355 points to 12.865.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 98 to 62 and 15 ended unchanged.

Shares in Melia Hotels (MC:MEL) rose to 52-week highs; rising 2.12% or 0.265 to 12.785. Shares in Iberdrola (MC:IBE) rose to 5-year highs; up 1.34% or 0.087 to 6.572. Shares in Grifols SA (MC:GRLS) rose to 52-week highs; up 1.22% or 0.270 to 22.420.

Gold Futures for April delivery was up 0.49% or 6.15 to $1254.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.73% or 0.35 to hit $47.62 a barrel, while the June Brent oil contract fell 0.22% or 0.11 to trade at $50.81 a barrel.

EUR/USD was up 0.70% to 1.0874, while EUR/GBP fell 0.09% to 0.8651.

The US Dollar Index Futures was down 0.65% at 98.94.

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