Sun, 12 Jul 2020

Spanish stocks climb strongly on Friday

Xinhua
06 Jun 2020, 02:30 GMT+10

MADRID, June 5 (Xinhua) -- Spanish shares climbed strongly on Friday with the Ibex-35 benchmark index rising 4.04 percent to close at 7,872.60 points.

The shares of 32 of the selected 35 large companies rose in the day with just three losing value.

The International Consolidated Airlines Group (IAG) had Friday's best results, with shares up by 14.88 percent, while the Banco Sabadell and Banco Santander savings banks climbed 12.06 and 11.35 percent, respectively.

Telecommunications company Cellnex Telcom fell by 2.39 percent, while energy providers Red Electrica Corporacion lost 1.16 percent and Enagas went down by 0.50 percent.

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