The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Spanish stock market falls by 1.98 percent on Wednesday

Contributed by NAMPA / Xinhua.

MADRID, Aug. 14 (Xinhua) -- Spanish share values fell by 1.98 percent on Wednesday with the benchmark stock market index Ibex-35 opening at 8,695.10 points and closing at 8,522.70 points.
The shares of 30 of the 35 companies on the Ibex-35 lost value, while the share price of five companies went up amid fears of a new recession.
Wednesday's worst performing company was steel producer Arcelormittal with a 7.72 percent fall in share prices, while Spain's savings banks were hit hard with shares in ...

 

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