European stocks hit by pain in Spain

lunes 21 de diciembre de 2015 13:31 GYT
 

(Releads with closing prices)

* FTSEurofirst 300 ends down 1.2 pct

* Spanish stocks fall after inconclusive election result

* Rising euro also weighs on equities

By Sudip Kar-Gupta

LONDON Dec 21 (Reuters) - European shares fell on Monday, giving up their earlier gains as losses in Spain and a rise in the euro weighed on the region's stock markets.

The pan-European FTSEurofirst 300 index ended down 1.2 percent, while the euro zone's blue-chip Euro STOXX 50 also declined by 1.5 percent.

Britain's FTSE 100 fell 0.3 percent and Germany's DAX retreated 1 percent.

Spain's IBEX equity index was the worst performer, falling 3.6 percent after an inconclusive Spanish election result, while Spanish 10-year government bond yields also hit one-month highs after the election.   Continuación...