Spanish stock market falls 1.64%

GMT 06:31 2014 Friday ,08 August

Arab Today, arab today Spanish stock market falls 1.64%

Spanish stock market
Madrid - XINHUA

The IBEX-35 stock market in Madrid fell by 1.64 percent on Thursday at closing time to 10,078 points.
Sacyr shares led falls on Thursday, losing 3.89 percent at closing time. It was followed by Acciona and Sabadell that lost 3.73 percent and 3.69 percent respectively.
Meanwhile, only Gamesa shares rose by 1.47 percent by closing time.
Spain's risk premium stood at 154 points by closing time from the 151 points of early trading while Spain's 10-year bond interest rate stood at 2,609 percent at the end of Thursday session.
The fall of the Spanish market was against the backdrop of the European Central Bank (ECB) meeting and the auction held by the Spanish treasury that placed 3.132 billion euros on the market paying lower interest rates on five-year treasury bonds.
After the auction, the Spanish stock market fell by 0.77 percent to 10,167 points and the risk premium stood at 145 points. The IBEX-35 fell by 0.5 percent early in the morning before the auction and fell by 0.45 percent at mid-session.

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