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(Recast)Strong day's trading for Spain's IBEX 35

Xinhua, December 24, 2015 Adjust font size:

The Spanish stock market index IBEX-35 enjoyed a positive day of trading on Wednesday and was able to pass the 9,600 point mark thanks to a healthy increase in share values which followed on from Tuesday's modest rise.

The last two days of trading have seen share values more or less recover from the poor results experienced on Monday following the general election, which resulted in a hung Parliament.

The IBEX-35 closed the day up 2.39 percent, finishing at 9,641.00 points.

A total of 34 of the 35 companies registered gains, with only Caixabank showing a loss, although banks in general were the poorest performers of the day.

ArcelorMittal, which posted the best results on Tuesday, again enjoyed the best results on Wednesday with a 10.19- percent rise in share prices.

The continuing political uncertainty saw the risk premium climb to 119.8 points, a 1.78-percent rise, while there was also a slight rise in the interest on the 10-year-bond, which closed the day at 1.82 percent. Endit