Spain shares lower at close of trade; IBEX 35 down 2.90%

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

At the close in Madrid, the IBEX 35 lost 2.90% to hit a new 1-month low.

The biggest gainers of the session on the IBEX 35 were Acerinox (BME:ACX), which rose 5.05% or 0.44 points to trade at 9.05 at the close. International Consolidated Airlines Group SA (BME:ICAG) added 3.86% or 0.10 points to end at 2.66 and Logista (BME:LOG) was up 2.20% or 0.62 points to 28.80 in late trade.

Biggest losers included Acciona (BME:ANA), which lost 8.05% or 9.70 points to trade at 110.80 in late trade. Banco Bilbao Vizcaya Argentaria SA (BME:BBVA) declined 6.62% or 0.64 points to end at 8.97 and Corporacion Acciona Energias Renovables SA (BME:ANE) shed 6.51% or 1.25 points to 17.95.

Declining stocks outnumbered rising ones by 146 to 44 and 27 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 2.62% or 72.10 to $2,677.60 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.17% or 0.12 to hit $72.11 a barrel, while the January Brent oil contract fell 0.12% or 0.09 to trade at $75.44 a barrel.

EUR/USD was down 1.74% to 1.07, while EUR/GBP fell 0.66% to 0.83.

The US Dollar Index Futures was up 1.59% at 104.97.