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Spanish benchmark index falls 1.36 pct

Xinhua, April 15, 2015 Adjust font size:

Spain's benchmark stock market index Ibex-35 fell 1.36 percent on Tuesday to close at 11,704.40 points, down from the 11,866.40 points of Monday.

Caixabank shares led falls losing 2.45 percent, followed by IAG, Banco Santander, BBVA and Repsol that lost 2.35 percent, 2.13 percent, 1.60 percent and 0.65 percent respectively.

On the other hand, ArcelorMittal led rises climbing 3.22 percent, followed by Tecnicas Reunidas, Enagás, Telefónica, Grifols and Jazztel that rose 2.50 percent, 0.51 percent, 0.45 percent, 0.43 percent and 0.36 percent respectively.

Meanwhile, Spain's risk premium stood at 116.40 points on Tuesday closing time, up from the 112.40 points of early trading, and Spain's 10-year bond interest rate stood at 1.20 percent by the end of the session.

The day was marked by new forecasts for the Spanish economy published by the International Monetary Fund (IMF) that revised up its economic predictions for 2015. Spain's economy would grow by 2.5 percent in 2015, 0.5 percent more than the previously predicted. Endit