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Spanish stocks finish in the red, IBEX 35 index falls 0.31 percent

MADRID (ANTARA) – Spanish stocks ended in the red again on Wednesday (16/6), extending losses for a second straight day, with the benchmark IBEX 35 index on the Madrid Stock Exchange falling 0.31 percent, or 28.50. points to settle at 9,202.20 points.

The IBEX 35 index slipped 0.54 percent or 50.40 points to 9,230.70 points on Tuesday (15/6), after rising 0.83 percent or 76.10 points to 9,281.10 points on Monday (14/6) and increased 0.78 percent or 71.20 points to 9,205.00 points on Friday (11/6).

Of the 35 stocks of selected large companies that are included in the IBEX 35 index component, only 15 stocks made a profit, while 20 other stocks suffered losses.

Banco de Sabadell SA, the Spanish banking and financial services company suffered the biggest losses (top loser) among the leading stocks or blue chips, with its share price plummeting 4.33 percent.

Followed by shares of other Spanish banking and financial services company CaixaBank SA which fell 2.09 percent, and the company one of the world’s largest steel companies ArcelorMittal SA lost 2.00 percent.

On the other hand, Solaria Energia y Medio Ambiente SA, a multinational solar power solutions provider, soared 3.41 percent, being the top profit maker. (top gainer) of the leading stocks.

​​​​This was followed by shares of the company that designs and manufactures renewable energy equipment, Siemens Gamesa Renewable Energy SA, which rose 3.03 percent, and the Spanish conglomerate in the development and management of infrastructure and renewable energy Acciona SA which rose 1.91 percent. .

Also read: Spanish stocks end negative, IBEX 35 index slips 0.54 percent

Reporter: Apep Suhendar
Editor: Edy Sujatmiko
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