Spanish stock market ends 2015, over 7 pct down on 2014 close

The Spanish Ibex-35 stock market closed 2015 with losses of 7.15 percent for the calendar year.

A half day's trading in the Spanish capital on Thursday saw the Ibex fall from 9,641.90 points to close on 9,544.20, a fall of 1.01 percent on the day, certifying the worst December's trading since 2002, when the Ibex experienced losses of over 8 percent.

The losses come at a time when other important European markets, such as France and Germany have seen annual gains of close to 10 percent, while in Italy the gain was around 13 percent.

The past 10 days' trading have been under the shadow of the result of the Spanish general election on Dec. 20 which has produced a hung parliament and doubts about the country's political future, while over the year the issues of Catalan independence and doubts over the long term growth of emerging economies have been other factors contributing to the Ibex's poor performance over 2015.

Only three companies, Barkia, ACS and Abertis saw their share value rise on Thursday, although none of them experienced growth about 0.85 percent.

Meanwhile the Spanish risk premium closed the year on 115.2 points, while the interest on the 10-year-bond stood at 1.77 percent. Endit