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Madrid stocks rise 1.26 percent at open

MADRID : Madrid stock prices rose 1.26 percent in opening trade Monday, led by bank shares, after the European Central
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By Syed Murtaza Gheblehzadeh
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spain-stock-marketMADRID: Madrid stock prices rose 1.26 percent in opening trade Monday, led by bank shares, after the European Central Bank signalled it would buy hard-hit Spanish and Italian bonds.

The IBEX-35 index of leading shares climbed 1.26 percent to 8,780.2 points in the first three minutes of trade. Leading bank Santander's shares shot up 5.31 percent to 6.786 euros.

 

Copyright AFP (Agence France-Presse), 2010

 

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