Spanish stock market dropped at 4.44 percent to close at 8.122 points

The Spanish stock market index Ibex-35 plummeted 4.44 percent on Monday to close at 8,122.10 points, down from the 8,499.50 points on February 5.

stock market
stock market

Banco Popular shares led falls by losing 7.32 percent on Monday, followed by IAG, ArcelorMittal, Gamesa, Amadeus and Bankia that lost 7.30 percent, 7.17 percent, 6.98 percent, 6.95 percent and 6.43 percent, respectively.

stock market
stock market
Iberdrola shares lost 1.59 percent, while Enagas, R.E.C., Mapfre, Telefonica and Inditex lost 1.81 percent, 2.59 percent, 2.71 percent, 2.96 percent and 2.98 percent, respectively.

Meanwhile, Spain’s risk premium climbed from Friday’s 134.60 points to 153.30 points on Monday. Spain’s 10-year bond interest rate rose from 1.6 percent on February 5 to 1.759 percent on Monday. Enditem

Source: Xinhua

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