(Bloomberg) -- Spanish stocks fell, led by Sacyr
Vallehermoso SA, the country's fifth-biggest construction
company, and competitor Acciona SA on concern higher borrowing
costs will lead to a slowdown in the nation's property market.
Spain's IBEX 35 Index dropped 386.10, or 2.5 percent, to
14,928.80 in Madrid, posting the biggest fluctuation among
markets included in global benchmarks. Portugal's PSI-20 Index
lost 1.2 percent to 12,812.77.
Read more at Bloomberg Stocks News
Vallehermoso SA, the country's fifth-biggest construction
company, and competitor Acciona SA on concern higher borrowing
costs will lead to a slowdown in the nation's property market.
Spain's IBEX 35 Index dropped 386.10, or 2.5 percent, to
14,928.80 in Madrid, posting the biggest fluctuation among
markets included in global benchmarks. Portugal's PSI-20 Index
lost 1.2 percent to 12,812.77.
Read more at Bloomberg Stocks News
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