Spanish shares lost on Thursday with the benchmark stock market index Ibex-35 down 1.20 percent or 107.60 points, to a total of 8,889.60 points.

A total of 18 of the selected 35 large companies lost in the session.

Spain's fifth largest bank Banco Sabadell lost 6.70 percent, followed by Spanish lender Bankinter and Spain's fourth largest bank Bankia that went down by 6.27 parent and 5.11 percent respectively.

Supermarket chain DIA advanced 5.36 percent. Stainless steel manufacturer Acerinox went up by 2.81 percent and real estate company Inmobiliaria Colonial increased by 2.37 percent. Enditem