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Spanish stock market rises 0.2 pct, closes at 11,050 points

Xinhua, March 19, 2015 Adjust font size:

Spain's benchmark stock market index Ibex-35 rose 0.2 percent on Wednesday to close at 11,050 points, up from the 11,028.10 points of Tuesday.

Inditex shares led rises on Wednesday climbing 3.47 percent after reporting a 5 percent increase in profits in 2014 to 2.502 billion euros (2.665 billion U.S. dollars).

Inditex shares were followed by Abengoa, Acciona, Iberdrola and Engagas that rose 1.82 percent, 1.51 percent, 1.36 percent and 1.04 percent respectively.

On the other hand, OHL shares led falls losing 2.23 percent, followed by Caixabank, Bankinter, FCC and ArcelorMittal that lost 1.87 percent, 1.82 percent, 1.51 percent and 1.44 percent respectively.

Meanwhile, Spain's risk premium stood at 110 points and Spain's 10-year bond interest rate stood at 1.295 percent. Endit