madrid stock market closes up 496
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Madrid stock market closes up 4.96%

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Arab Today, arab today Madrid stock market closes up 4.96%

Madrid - AFP

The Madrid stock market closed nearly five percent higher on Thursday, after European leaders agreed new measures to tackle a debt crisis in the eurozone. The Ibex 35 leading stock index closed 4.96 percent higher at 9,270.5 points. There were strong gains for the Spanish banks which have said they must raise tens of billions of euros to meet EU capitalisation demands and will now be helped by fresh funding.  

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