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Spanish stock market climbs 3.87 pct, closes at 11,368 points

Xinhua, June 23, 2015 Adjust font size:

Spain's benchmark stock market index Ibex 35 rose 3.87 percent on Monday, the biggest rise since 2012, to close at 11,368.20 points, up from the 10,944.30 points of Friday.

The meeting in Brussels to discuss the future of Greece finished with a glimpse of hope towards a future agreement which caused a rise in the Spanish index.

Banco Santander shares led rises climbing 5.93 percent, followed by Banco Popular, Iberdrola, Telefonica, BBVA and FCC that rose 4.99 percent, 4.97 percent, 4.41 percent, 4.18 percent and 4.08 percent respectively.

On the other hand, Jazztel shares led falls losing 0.42 percent, only followed by OHL shares that lost 0.12 percent.

Meanwhile, Spain's risk premium stood at 124 points falling from the 152.1 points of Friday closing time, while Spain's 10-year bond interest rate stood at 2.12 percent, falling slightly from the 2.2 percent of Friday. Endit