US dollar falls against other major currencies

New York, May 3 (IANS) The US dollar declined against other major peers on Monday as economic data from the country came out weaker than expected, Xinhua reported.

In late New York trading, the euro rose to $1.1523 from $1.1448 in the previous session, while the dollar bought 106.47 Japanese yen, lower than 106.69 yen of the previous session.

Spanish stock market falls 0.04 percent

Madrid, May 3 (IANS) The Spanish stock market index Ibex-35 fell 0.04 percent on Monday to close at 9,022.10 points, down from the 9,025.70 points of Friday.

On Monday’s session, Banco Popular shares led falls losing 3.79 percent, followed by Sacyr, ArcelorMittal, Gamesa, IAG and Banco Sabadell that lost 1.99 percent, 1.70 percent, 1.69 percent, 1.37 percent and 1.32 percent respectively, Xinhua reported.

On the other hand, Mapfre shares led rises climbing 2.03 percent, followed by Inditex, Merlin, Acciona, DIA and Iberdrola that rose 1.62 percent, 1.58 percent, 1.42 percent, 1.38 percent and 0.89 percent respectively.

Meanwhile, Spain’s risk premium closed at 131.60 points and Spain’s 10-year bond interest rate stood at 1.58 percent, both showing no variations when compared with Friday.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here