Spanish stock market down 1.08 pct
Xinhua, May 13, 2015 Adjust font size:
Spain's benchmark stock market index Ibex-35 fell 1.08 percent on Tuesday to close at 11,322.60 points, down from the 11,445.80 points of Monday.
Indra shares led falls losing 7.18 percent on Tuesday session, followed by IAG, Enagas, BME and Banco Santander that lost 2.69 percent, 1.59 percent, 1.55 percent and 1.47 percent respectively.
On the other hand, ArcelorMittal led rises climbing 3.98 percent, followed by Bankinter, Amadeus, Tecnicas Reunidas and Sacyr that rose 1.26 percent, 1.08 percent, 0.81 percent and 0.72 percent respectively.
Meanwhile, Spain's risk premium stood at 116.8 points by the end of the session showing no major variations with the 115.5 points of Monday closing time. Spain's 10-year bond interest rate stood at 1.84 percent, rising slightly from the 1.751 percent of Monday closing time.
The day was marked by the auction of the Spanish treasury that was able to place 5.196 billion euros (5.829 billion U.S. dollars) on the market at very low interest rates.
Meanwhile, markets have an eye on Greece, which has paid the International Monetary Fund (IMF) a part of the bailout, but it is still negotiating with the Eurogroup over its bailout. Endit