Spanish stock market falls 1.26 percent

Madrid, May 5 (IANS) The Spanish stock market index Ibex-35 fell 1.26 percent on Wednesday to close at 8,654.30 points, down from the 8,764.90 points of Tuesday.

On Wednesday session, Banco Santander shares led falls losing 2.45 percent, followed by Banco Popular, BBVA, Grifols, OHL and Banco Sabadell that lost 2.43 percent, 2.26 percent, 2.06 percent, 1.85 percent and 1.82 percent respectively, Xinhua reported.

On the other hand, Acerinox shares led rises climbing 2.09 percent, followed by ArcelorMittal, Tecnicas Reunidas, Bankia that rose 1.33 percent, 1.03 percent, 0.78 percent, 0.54 percent respectively.

Meanwhile, Spain’s risk premium closed at 140.30 points, above the 136.80 points of Tuesday and Spain’s 10-year bond interest rate closed at 1.6 percent, compared to the 1.5 percent of Tuesday.

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