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Spanish stock market falls slightly, ends with good quarterly results

Xinhua, April 1, 2015 Adjust font size:

Spain's Ibex-35 stock market closed on Tuesday at a level of 11,521.10 points, a record high for the first quarter since 1998.

The Ibex-35 ended Tuesday's trading 12.08 percent up since the start of the year, despite a slight fall of 0.07 percent on Tuesday.

The Ibex began Tuesday's trading on 11,529.10 points and climbed to a height of 11,196.10 by mid-morning before a steady fall which saw it drop to a minimum of 11,453.30 points. It recovered to its closing level of 11,521.10 after an afternoon rally.

Among Tuesday's best performing companies were supermarket chain DIA, whose stocks rose by 2.76 percent, infrastructure group Ferrovial, which saw an increase of 1.69 percent and Airline group IAG, whose stocks improved by 1.20 percent.

Tuesday's bad performers were energy suppliers, Gas Natural and Energas, whose shares declined by 1.97 and 1.46 percent respectively. They were followed by Banco Popular, which saw 1.60 percent wiped from the value of its shares.

Meanwhile there was a slight decline of 0.1 percent in the Risk Premium to 103,3 points, while the interest on Spain's 10-year bond stood at 1.21 percent. Endit