Spanish shares continue downward trend on Monday

MADRID, March 26 (Xinhua) -- Spain's stock market opened the week on Monday with another day of losses after ending last week at its lowest level in 13 months.

Continued uncertainties over a possible trade war between China and the U.S., as well as doubts over whether or not the Spanish government of Mariano Rajoy will be able to pass the 2018 budget on Tuesday, had the effect of seeing the Ibex-35 close the session with a loss of 0.13 percent on the day.

The week's trading opened with the Ibex-35 on 9,393.10 points and it closed on 3,381.00 points as sales late in the day saw prices fall from a high of 9,460.60 points.

Industrial and technological company, Indra was the best performer on the day as shares rose by 2.01 percent, followed by petrochemical giant, Repsol, with a 1.32 increase in share prices, and Red Electrica Corporation, with a 1.10 percent increase.

The biggest fall in share prices were suffered by telecommunication company Cellnex Telecom (2.65 percent), along with steel manufacturer Arcelormittal 1.62 percent and textile company, Inditex with a 1.59 percent drop in share values. Enditem