Spanish stock market falls

Madrid, Aug 27 (IANS) Spanish stock market index fell 1.29 percent on Wednesday to close at 9,984.50 points, down from the 10,115.40 points of Tuesday.

ArcelorMittal shares led falls losing 3.30 percent, followed by Acerinox, FCC, Repsol, Banco Santander and Sacyr that lost 3.22 percent, 2.74 percent, 2.44 percent, 2.25 percent and 2.23 percent respectively, Xinhua reported.

On the other hand, Abengoa “B” shares led rises climbing 15.71 percent, followed by IAG, Tecnicas Reunidas, OHL, Bankia and Ferrovial that rose 1.63 percent, 1.04 percent, 0.87 percent, 0.87 percent and 0.29 percent respectively.

Meanwhile, Spain’s risk premium stood at 140.30 points on Wednesday closing time and Spain’s 10-year bond interest rate stood at 2.114 percent, both showing no big differences when compared with Tuesday closing time.

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