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Banks ensure positive day as Spanish Ibex-35 stock exchange beats 9,000 point mark

Xinhua, December 9, 2016 Adjust font size:

The Spanish Ibex-35 stock exchange had a positive day's trading on Thursday in the wake of the announcement that the European Central Bank would continue net asset purchases till at least December 2017.

The Ibex-35 began trading (on what is a public holiday in Spain) at a level of 8,980.40 points and closed on 9,145.40 points; a rise of 2.06 percent on the day's trading.

The majority of companies trading on the Ibex-35 saw their shares rise, although clothing giant Inditex, suffered a loss of 1.06 percent and Spanish airports operator 'AENA' saw fall share value of 1.02 percent.

Meanwhile, the banks led the charge with Bankia (5.18 percent), Banco Popular (5.15 percent), Banco Sabadell (5.08 percent), Banco Santander (5.21 percent) and BBVA (4.47 percent), all having positive days.

Meanwhile, the Spanish risk premium ended trading on 112.10 points while interest on the 10-year-bond stood at 1.50 percent. Endit