Spain's Indra sells further 1.5 pct stake to funds

MADRID, July 2 (Reuters) - Technology firm Indra (IDR.MC) has sold a further 1.5 percent of its own shares to institutions, given strong demand in a placement managed by JP Morgan.

Earlier, a 10 percent stake in Indra was sold by Union Fenosa (UNF.MC) to financial holding company Alba (ALB.MC) at 15 euros per share. Fenosa also sold another 3 percent to institutions. (Reporting by Clara Vilar; Writing by Elisabeth O'Leary)