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Spanish stock market rises 0.07 pct, closes at 8,879 points
 

The Spanish stock market index Ibex-35 rose 0.07 percent on Thursday to close at 8,879.90 points, up from the 8,873.40 points of Wednesday.

On Thursday's session, IAG shares led rises climbing 3.26 percent, followed by Banco Sabadell, Caixabank, Bankinter, Acciona and Indra A which rose 2.39 percent, 2.25 percent, 1.99 percent, 1.49 percent and 1.38 percent respectively.

On the other hand, Gamesa shares led falls losing 2.43 percent, followed by Amadeus, AENA, Mediaset, ACS and Gas Natural which lost 2.21 percent, 1.89 percent, 1.59 percent, 1.54 percent and 1.41 percent respectively.

Meanwhile, Spain's risk premium closed at 113 points, down from the 115 points of Wednesday, and Spain's 10-year bond interest rate closed at 1.26 percent, showing no big differences when compared with Wednesday's closing time.
 

Gold was prevented from falling further as the U.S. Dollar Index fell by 0.27 percent to 97.12 as of 1900 GMT. The index is a measure of the dollar against a basket of major currencies. Gold and the dollar typically move in opposite directions, which means if the dollar goes up, gold futures will fall as gold, measured by the dollar, becomes more expensive for investors.

Silver for December delivery fell 27.7 cents, or 1.48 percent, to close at 18.416 dollars per ounce. Platinum for January delivery dropped 7.4 dollars, or 0.74 percent, to close at 994.40 dollars per ounce.


(www.chinaview.cn 2016-11-04)
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