Spanish stocks close down 3.6% after inconclusive vote
Spain's Ibex 35 index of most traded shares closed down 3.6 percent at 9,365.80 points on Monday following an inconclusive election that has left the eurozone nation struggling to form a government.
Bank stocks and those of companies which are highly dependent on government business posted the biggest losses, with Banco Popular down 6.90 percent and Caixabank down 7.44 percent.