Sacyr shares soar after Panama bid news

MADRID, July 9 (Reuters) - Shares in Spanish construction Sacyr (SVO.MC) surged at the open on Thursday after it submitted the lowest bid for a contract on the Panama Canal.

Sacyr was trading up 12.5 percent at 10.89 euros at 0746 GMT, after jumping as much as 19.8 percent at the open.

(Reporting by Jason Webb; editing by Elisabeth O'Leary)

((jason.webb@thomsonreuters.com; +34 91 585 83 28; Reuters Messaging: jason.webb.reuters.com@reuters.net))

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