Spanish shares suffer first fall of 2017
Xinhua, January 5, 2017 Adjust font size:
Spanish shares fell on Wednesday with the benchmark Ibex-35 index down 0.33 percent.
The index started trading after two days of gains, but news of inflation in the Eurozone meant that trend would not continue for a third day.
Beginning the day on 9,494.70 points, it crossed the 9,500-point mark during trading, before closing at 9,462.90 points.
Spain's energy companies suffered in the day. Red Electrica, Endesa and Gas Natural dropped 2.11 percent, 1.24 percent and 1.20 percent, respectively.
Construction company ACS had 1.47 percent knocked off share values and Indra lost 1.46 percent.
Top winners included pharmaceutical group Grifols, whose shares climbed by 2.94 percent. The Melia hotel group witnessed a 2.21-increase in share price.
Meanwhile the Risk Premium fell by 0.26 percent to 115.3 points while interest on the 10-year bond closed trading with an interest rate of 1.43 percent, virtually unchanged on Tuesday's close. Endit