Spanish Stocks Add 1.0% in Early Trading

Dow Jones08-06

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Spain rose during early trading Thursday, as the IBEX 35 Index gained 1.0% to 20257.40.

Among local companies with a market cap of at least 1 billion euros ($1.15 billion), BBVA is the biggest leader this morning, increasing 1.7%, and Telefonica added 1.7%. Banco Santander rounds out the top three movers, as shares rose 1.6%.

Elecnor is the biggest early laggard, slipping 0.9%, followed by shares of Construcciones & Auxiliar, which slipped 0.6%. Shares of Grenergy Renovables slipped 0.6%.

On the currency front, the WSJ Dollar Index added 0.1% to 96.07. The euro weakened 0.1% against the dollar to $1.15.

In the bond markets, the 10-year Spanish government bond yield increased 1.78 basis points to 3.560%.

Data source: Dow Jones Market Data, FactSet

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