Ibex 35 stock market ends week with daily gain, weekly loss

Spain's benchmark stock market index Ibex-35 saw a 0.81-percent rise in share prices on Friday to end the week at 9,051.10 points, although the positive day was not enough to stop the market ending the week 0.43 percent below its Monday opening level.

That means the Ibex-35 has ended a run of four weeks of constant gains.

Friday's rise was driven by a positive performance by Spain's banks with Banco Popular shares increasing by 3.39 percent, CaixaBank by 2.27 percent and BBVA by 0.87 percent.

Bankia, Banco Santander and Banco Sabadell also had positive days on the stock exchange on a day when only four companies saw their shares lose value. Repsol was down 1.40 percent, Grifols decreased 0.21 percent, FCC lost 0.20 and Inditex inched down 0.13 percent.

Meanwhile, the Spanish risk premium remained stable at 121.3 points, while interest on the 10-year-loan stood at 1.42 percent. Endit