Off the wire
• News Analysis: U.S., Iran could miss nuke deal deadline again: U.S. experts  • Urgent: No further talks until Greece referendum: Slovak FinMin  • 2nd LD: U.S., Cuba to reopen embassies, restore diplomatic ties: Obama  • S. African government sells stake at Vodacom to salvage Eskom  • Feature: Disgruntled pensioners line up to withdraw cash as Greece teeters on brink of default  • Egypt's Cabinet approves anti-terror bill amid mounting terrorist attacks  • 21 killed in road accident in India  • Clashes leave 5 dead in Burundi  • China relaxes rules on margin trading  • Russian gas through Slovakia continues, only supplies to Ukraine halted  
You are here: 　 Home

Spanish stock market rises amid hopes of agreement for Greece

Xinhua, July 2, 2015 Adjust font size:

The news that Greece is likely to reach a deal with its international creditors had a positive effect on the Spanish IBEX 35 stock market on Wednesday.

The IBEX 35 ended the trading day with 10,911.50 points, up 1.32 percent from Tuesday's close with every company but three, namely AENA, FCC and Gas Natural, seeing the value of its shares increase.

Meanwhile, the greater stability which the Greek bailout offers to the euro zone saw the Spanish risk premium fall by 0.21 percent to 145.2 points.

Finally, the interest on the Spanish 10-year bond stood at 2.27 percent.

The positive day's trading came after the Ibex-35 ended June with losses of 3.99 percent, mainly due to losses at the end of the month due to the uncertainty over Greece's debt repayment, and the possibility the country could leave the euro zone. Endit