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Spanish stock market index rises 0.88 pct

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(Globalpost/GlobalPost)

MADRID, Aug. 11 (Xinhua) -- Spain's benchmark stock market index Ibex-35 rose 0.88 percent to close at 10,193.50 points on Monday.

Sacyr shares led the rises climbing 6.29 percent, followed by Gamesa and IAG which rose by 4.72 percent each. They were followed by OHL and Abengoa which rose by 3.93 percent and 3.08 percent respectively.

Spanish risk premium stood at 148 points while Spain's 10-year bond stood at 2.54 percent.

Last week the Ibex-35 was affected by the bailout of Banco Espirito Santo in Portugal and Italy's return to economic recession and lost 3.9 percent over the previous week.

http://www.globalpost.com/dispatch/news/xinhua-news-agency/140811/spanish-stock-market-index-rises-088-pct