Spanish stock market falls

Madrid, March 17 (IANS) The Spanish stock market index Ibex-35 fell 0.28 percent to close at 8,962.80 points, down from the 8,988.30 points of the previous session.

Banco Santander led falls losing 2.36 percent, followed by Caixabank, Iberdrola, Acciona, BBVA, OHL, Banco Sabadell and Gas Natural that lost 1.47 percent, 1.18 percent, 1.09 percent, 0.61 percent, 0.44 percent, 0.41 percent and 0.38 percent respectively on Wednesday, Xinhua news agency reported.

IAG shares led rises climbing 2.49 percent, followed by Bankia, Sacyr, Mapfre, Indra A, Mediaset, DIA and Gamesa that rose 2.07 percent, 1.82 percent, 1.55 percent, 1.41 percent, 1.26 percent, 0. 93 percent and 0.91 percent respectively.

Meanwhile, Spain's risk premium closed at 119 points, slightly below the 120.60 points of Tuesday.