Ibex-35 stock exchange recovers 10,500 point mark on third day of gains

Source: Xinhua| 2017-08-17 00:58:05|Editor: yan
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MADRID, Aug. 16 (Xinhua) -- Spain's Ibex-35 stock exchange recovered the 10,500 point mark which it lost at the end of last week following a third consecutive days of gains.

Along with other European stock markets, the Ibex-35 benefitted from positive data regarding growth on the continent, which confirmed a 0.6 percent growth in the GNP in the eurozone.

Wednesday's session opened on 10,481.50 points and closed on 10,544.30 after having climbed to a high of 10,575.90 during the day.

Acerinox saw a growth of 3.66 percent, while Arcelor shares climbed by 2.48 percent, while supermarket chain Dia enjoyed a 2.32 percent increase in stock prices after being under pressure in recent days.

Only five companies saw a fall in share prices on Wednesday, among them there is airline group IAG, perhaps affected by the news of a series of 25 24-hour strikes by workers at Spanish airports.

Meanwhile the risk premium continued to fall slightly to 101.9 points, while interest on the 10-year bond closed at 1.46 percent.

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