Spanish stocks close higher

Madrid, Nov 27 (IANS) The Spanish stock market index Ibex-35 rose 1.03 percent on Thursday to close at 10,332.30 points, up from the 10,227.30 points of Wednesday.

On Thursday’s session, ArcelorMittal shares led rises climbing 5.67 percent, followed by OHL, IAG, DIA, Acerinox and Repsol that rose 3.55 percent, 2.67 percent, 2.04 percent, 2.01 percent and 1.84 percent respectively, Xinhua news agency reported.

On the other hand, Abengoa “B” shares, which has started pre-insolvency proceedings, led falls losing 40 percent, only followed by Endesa and Indra A that lost 0.31 percent and 0.17 percent respectively.

Meanwhile, Spain’s risk premium stood at 108.20 points, falling slightly from the 111.60 points of Thursday, and Spain’s 10-year bond interest rate stood at 1.55 percent, showing no big differences when compared with Wednesday’s closing time.

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