Spain Stock Market Update

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

At the close in Madrid, the IBEX 35 fell 2.90% to hit a new 1-month low.

Best Performers

• Acerinox (BME:ACX): rose 5.05% or 0.44 points to trade at 9.05 at the close.
• International Consolidated Airlines Group SA (BME:ICAG): added 3.86% or 0.10 points to end at 2.66.
• Logista (BME:LOG): was up 2.20% or 0.62 points to 28.80 in late trade.

Worst Performers

• Acciona (BME:ANA): fell 8.05% or 9.70 points to trade at 110.80 at the close.
• Banco Bilbao Vizcaya Argentaria SA (BME:BBVA): declined 6.62% or 0.64 points to end at 8.97.
• Corporacion Acciona Energias Renovables SA (BME:ANE): down 6.51% or 1.25 points to 17.95.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 146 to 44 and 27 ended unchanged.

Shares in International Consolidated Airlines Group SA (BME:ICAG) rose to 3-year highs, gaining 3.86% or 0.10 to 2.66. Logista (BME:LOG) rose to all-time highs; up 2.20% or 0.62 to 28.80. Conversely, Corporacion Acciona Energias Renovables SA (BME:ANE) fell to all-time lows; losing 6.51% or 1.25 to 17.95.

Commodity Updates

• Gold Futures for December delivery was down 2.63% or 72.40 to $2,677.30 a troy ounce.
• Crude oil for delivery in December rose 0.24% or 0.17 to hit $72.16 a barrel.
• January Brent oil contract fell 0.08% or 0.06 to trade at $75.47 a barrel.

Currency Updates

• EUR/USD was down 1.77% to 1.07, while EUR/GBP fell 0.64% to 0.83.
• The US Dollar Index Futures was up 1.62% at 105.00.