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Spain shares higher at close of trade; IBEX 35 up 0.05%

Investing.comAug 28, 2024 4:35 PM

Investing.com – Spain equities were higher at the close on Wednesday, as gains in the Building&Construction, Chemical, Petroleum&Plastic and Financial Services&Real Estate sectors propelled shares higher.

At the close in Madrid, the IBEX 35 added 0.05% to hit a new 1-month high.

The biggest gainers of the session on the IBEX 35 were Ferrovial (BME:FER), which rose 1.86% or 0.68 points to trade at 37.28 at the close. Laboratorios Farmaceuticos ROVI (BME:ROVI) added 1.30% or 1.00 points to end at 77.80 and Logista (BME:LOG) was up 1.26% or 0.34 points to 27.38 in late trade.

Biggest losers included Repsol (BME:REP), which lost 1.50% or 0.19 points to trade at 12.44 in late trade. SOLARIA ENERGIA Y MEDIO AMBIENTE (BME:SLRS) declined 1.33% or 0.15 points to end at 11.11 and Industria de Diseno Textil SA (BME:ITX) shed 1.18% or 0.58 points to 48.66.

Declining stocks outnumbered rising ones by 93 to 89 and 28 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.50% or 12.65 to $2,540.25 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.07% or 0.81 to hit $74.72 a barrel, while the November Brent oil contract fell 1.09% or 0.86 to trade at $77.80 a barrel.

EUR/USD was down 0.59% to 1.11, while EUR/GBP unchanged 0.01% to 0.84.

The US Dollar Index Futures was up 0.51% at 100.97.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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