Spanish stock market rises 1.29 per cent

Spanish stock market rises 1.29 per cent, closes at 8,268 points

Madrid, July 2 (IANS) The Spanish stock market index Ibex- 35 rose 1.29 per cent on Friday to close at 8,268.90 points, up from the 8,163.30 points of Thursday.

Share values were up 6.17 per cent in the week as a whole after having started the week with losses due to the impact of Brexit, Xinhua reported.

On Friday session ArcelorMittal shares led rises climbing 7.67 per cent, followed by Banco Popular, Acerinox, ACS, IAG and Abertis A that rose 5.73 per cent, 4.37 per cent, 3.36 per cent, 2.53 per cent and 2.50 per cent respectively.

On the other hand, Endesa shares led falls losing 0.78 per cent, followed by Iberdrola, Merlin and Grifols that lost 0.44 per cent, 0.39 per cent and 0.02 per cent respectively.

Meanwhile, Spain’s risk premium closed at 126.90 points and Spain’s 10-year bond interest rate closed at 1.15 per cent, both below the 156.60 points and 1.4 per cent of Monday closing time.

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