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Spanish stock market rises 0.68 pct, closes at 11,734 points

Xinhua, April 10, 2015 Adjust font size:

Spain's benchmark stock market index Ibex-35 rose 0.68 percent on Thursday to close at 11,734.60 points, up from the 11,655.50 points of Wednesday.

OHL shares led rises climbing 3.97 percent followed by Indra, Grifols, BBVA and Banco Santander that rose 2.57 percent, 2.24 percent, 0.45 percent and 0.34 percent respectively.

On the other hand, Banco Sabadell led falls losing 1.65 percent followed by Bankia, ArcelorMittal, Acciona and FCC that lost 1.53 percent, 0.43 percent, 0.20 percent and 0.13 percent respectively.

Spain's risk premium stood at 109.80 points increasing from the 103.80 points of early trading, while Spain's 10-year bond interest rate stood at 1.23 percent on Thursday closing time.

The day was marked by the auction held by the Spanish treasury that placed treasury bonds worth 4.722 billion euros (about 5.05 billion U.S. dollars) on the market paying lower interest rates in three and 30-year bonds.

Meanwhile, economic forecasts for Spain's economy are optimistic as Spain's Economy Minister Luis de Guindos said Wednesday that the country's GDP could grow between 2.5 percent and 3 percent this year. Endit