5-hour blackout for Spanish stock exchange

GFP Note: Last week, there was a "technical glitch" in the New York Stock Exhange. We posted two stories about it.

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Huff Post
August 6, 2012 01:14 PM EST | Associated Press

The interior of the Madrid Stock Exchange, or Bolsa y Mercado, on Monday, July 23, 2012. Photo by Angel Navarrete/Bloomberg via Getty Images.

MADRID — Trading on Madrid's stock exchange resumed Monday after a five-hour blackout that was blamed on a technical problem.

The benchmark Ibex 35, which has been hugely volatile this year due to concerns about Spain's financial crisis, rose when trading began again, just before 3 p.m. (1300 GMT). It closed the day 4.4 percent higher.

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