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Spanish stock market jumps 1.1 pct, closes at 11,579 points

Xinhua, March 25, 2015 Adjust font size:

Spain's benchmark stock market index Ibex 35 rose 1.1 percent on Tuesday to close at 11,579.30 points, up from the 11,452.80 points of Monday.

Airline group, IAG's shares led rises climbing 3.48 percent as opposed to other European airline companies' shares which fell after an Airbus 320 of the German low-cost airline Germanwings flying from Barcelona to Dusseldorf crashed in France.

IAG shares were followed by Banco Popular, FCC, Acciona and Caixabank that rose 3.28 percent, 3.03 percent, 2.67 percent and 2.60 percent respectively.

On the other hand, Red Electrica shares led falls losing 0.91 percent followed by Endesa, Enagas, Indra, Jazztel and Gamesa that lost 0.72 percent, 0.68 percent, 0.42 percent, 0.40 percent and 0.26 percent respectively.

Spain's risk premium stood at 109 points on Tuesday closing time and Spain's 10-year bond interest rate stood at 1.296 percent. Endit