Spanish stock alert
CLOSING UPDATE: Hispania Activos Inmobiliarios in 2nd consecutive fall, nears seven-month low 20 October 2017 19:21 CEST
NEWS BITES - EUROPE
This is an end of day Alert, produced after today's Spanish market close. It concludes the BSS News Bites intra-day Alert series (summaries below).
Hispania Activos Inmobiliarios, Spain's largest financial services company by market capitalisation, slipped further on Friday, sliding an additional 45.50c (or 3.1%) to trade at EUR14.18. The stock dropped 2.95% on Thursday bringing its 2-day fall to 6.0%. It is now approaching its 155-day low of EUR13.91. Compared with the IBEX 35 Index which rose 25.2 points (or 0.2%) in the day, this represented a relative price change of -3.4%.
Afternoon Alert: Hispania Activos Inmobiliarios down 5.3% in 2 days
20 October 2017 14:42 CEST
Hispania Activos Inmobiliarios S.A. (MA:HIS) extended its slide on Friday, shedding an additional 36.0c (or 2.5%) to trade at EUR14.28. Trading volume was 62% of average so far today. The shares have fallen 80.50c (or 5.3%) over the past two trading days vs. the IBEX 35 Index which has fallen 0.5% in the same period.
Hispania Activos Inmobiliarios S.A. (MA:HIS; MCE:HIS; MC:HIS; SM:HIS)