Arab Today, arab today spanish stock market rises amid hopes of agreement for greece
Last Updated : GMT 13:48:07
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Spanish stock market rises amid hopes of agreement for Greece

Arab Today, arab today

Arab Today, arab today Spanish stock market rises amid hopes of agreement for Greece

Spanish stock market
Madrid - XINHUA

 The news that Greece is likely to reach a deal with its international creditors had a positive effect on the Spanish IBEX 35 stock market on Wednesday.

The IBEX 35 ended the trading day with 10,911.50 points, up 1.32 percent from Tuesday's close with every company but three, namely AENA, FCC and Gas Natural, seeing the value of its shares increase.

Meanwhile, the greater stability which the Greek bailout offers to the euro zone saw the Spanish risk premium fall by 0.21 percent to 145.2 points.

Finally, the interest on the Spanish 10-year bond stood at 2.27 percent.

The positive day's trading came after the Ibex-35 ended June with losses of 3.99 percent, mainly due to losses at the end of the month due to the uncertainty over Greece's debt repayment, and the possibility the country could leave the euro zone.

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