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Spanish stock market suffers biggest fall since June

Xinhua, August 13, 2015 Adjust font size:

Spanish stock market index Ibex-35 suffered the biggest fall since June when falling 2.44 percent on Wednesday to close at 10,880.10 points, down from the 11,152.30 points of Tuesday, in a day marked by the Yuan devaluation and fears of a currency war.

On Wednesday session Abengoa "B" shares led falls losing 8.95 percent, followed by IAG, Gamesa, Acerinox, Inditex and FCC that lost 5.04 percent, 4.79 percent, 4.24 percent, 4.21 percent and 3.60 percent respectively.

On the other hand, only Tecnicas Reunidas shares rose climbing 0.11 percent.

Spain's risk premium stood at 136.20 points on Wednesday closing time, rising by 6 points since Tuesday closing time, while Spain's 10-year bond interest rate stood at 1.974 percent, showing no big differences when compared with Tuesday closing time. Endit