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Markets

Spanish shares jump at open

MADRID : Spanish shares jumped 1.94 percent in opening trade Tuesday as government bonds strengthened, bucking the trend
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By Shoaib Ur Rehman
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stock-exchangeMADRID: Spanish shares jumped 1.94 percent in opening trade Tuesday as government bonds strengthened, bucking the trend of a global stock market sell-off.

In the first eight minutes of trade, the Madrid market's IBEX-35 index of leading shares climbed 1.94 percent to 8,623.3 points despite major losses overnight on Wall Street and in Asia.

 

Copyright AFP (Agence France-Presse), 2011

 

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