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Spanish stock market plummets 4.44 pct, closes at 8,122 points

Xinhua, February 9, 2016 Adjust font size:

The Spanish stock market index Ibex-35 plummeted 4.44 percent on Monday to close at 8,122.10 points, down from the 8,499.50 points on February 5.

Banco Popular shares led falls by losing 7.32 percent on Monday, followed by IAG, ArcelorMittal, Gamesa, Amadeus and Bankia that lost 7.30 percent, 7.17 percent, 6.98 percent, 6.95 percent and 6.43 percent, respectively.

Iberdrola shares lost 1.59 percent, while Enagas, R.E.C., Mapfre, Telefonica and Inditex lost 1.81 percent, 2.59 percent, 2.71 percent, 2.96 percent and 2.98 percent, respectively.

Meanwhile, Spain's risk premium climbed from Friday's 134.60 points to 153.30 points on Monday. Spain's 10-year bond interest rate rose from 1.6 percent on February 5 to 1.759 percent on Monday. Endit