Spain shares lower at close of trade; IBEX 35 down 1.85%

Investing.com – Spain equities were lower at the close on Tuesday, as losses in the Financial Services&Real Estate, Telecoms&IT and Building&Construction sectors propelled shares lower.

At the close in Madrid, the IBEX 35 fell 1.85% to hit a new 1-month low.

The biggest gainers of the session on the IBEX 35 were Endesa SA (BME:ELE), which rose 0.18% or 0.04 points to trade at 19.43 at the close. Logista (BME:LOG) fell 0.27% or 0.08 points to end at 29.32 and Bankinter (BME:BKT) was down 0.67% or 0.05 points to 7.44 in late trade.

Biggest losers included Merlin Properties SA (BME:MRL), which lost 7.45% or 0.76 points to trade at 9.39 in late trade. Inmobiliaria Colonial SA (BME:COL) declined 5.03% or 0.28 points to end at 5.19 and ArcelorMittal SA (BME:MTS) shed 4.67% or 1.11 points to 22.65.

Declining stocks outnumbered rising ones by 158 to 31 and 22 ended unchanged on the Madrid Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.70% or 18.20 to $2,599.50 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.38% or 0.26 to hit $68.30 a barrel, while the January Brent oil contract rose 0.36% or 0.26 to trade at $72.09 a barrel.

EUR/USD was down 0.54% to 1.06, while EUR/GBP unchanged 0.57% to 0.83.

The US Dollar Index Futures was up 0.59% at 106.08.