Spain stocks lower at close of trade; IBEX 35 down 1.85%

Investing.com – Spain stocks were lower after the close on Tuesday, as losses in the Financial Services & Real Estate, Telecoms & IT and Building & Construction sectors led shares lower.

At the close in Madrid, the IBEX 35 lost 1.85% to hit a new 1-month low.

The best performers of the session on the IBEX 35 were Endesa SA (BME:ELE), which rose 0.18% or 0.04 points to trade at 19.43 at the close. Meanwhile, Logista (BME:LOG) fell 0.27% or 0.08 points to end at 29.32 and Bankinter (BME:BKT) was down 0.67% or 0.05 points to 7.44 in late trade.

The worst performers of the session were Merlin Properties SA (BME:MRL), which fell 7.45% or 0.76 points to trade at 9.39 at the close. Inmobiliaria Colonial SA (BME:COL) declined 5.03% or 0.28 points to end at 5.19 and ArcelorMittal SA (BME:MTS) was down 4.67% or 1.11 points to 22.65.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 158 to 31 and 22 ended unchanged.

Gold Futures for December delivery was down 0.66% or 17.40 to $2,600.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.35% or 0.24 to hit $68.28 a barrel, while the January Brent oil contract rose 0.32% or 0.23 to trade at $72.06 a barrel.

EUR/USD was down 0.53% to 1.06, while EUR/GBP unchanged 0.57% to 0.83.

The US Dollar Index Futures was up 0.59% at 106.08.