ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

BPCGY BPCE Bpce5.41%26sep38

0.00
0.00 (0.00%)
Name Symbol Market Type
BPCE Bpce5.41%26sep38 EU:BPCGY Euronext Bond
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Banco Comercial Portugues Short Selling Suspended

07/08/2014 11:30am

Dow Jones News


BPCE Bpce5.41%26sep38 (EU:BPCGY)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more BPCE Bpce5.41%26sep38 Charts.

Portugal's market regulator has banned short selling in shares of Banco Comercial Português SA, as the rescue earlier this week of a major Portuguese lender continues to reverberate through markets.

The regulator said late Wednesday that the ban would take effect on Thursday morning, and will remain in place until 11.59 p.m. The move follows a 15% drop in BCP's share price on Wednesday. BCP's shares were down 11% in early morning trading on Thursday.

The ban comes as investors digest a plan unveiled Sunday night by Portugal's central bank to rescue the country's No. 2 lender, Banco Espírito Santo SA. The lender will be split up into a "good" and "bad" bank and injected with billions of euros of state money.

Write to Jeannette Neumann at jeannette.neumann@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year BPCE Bpce5.41%26sep38 Chart

1 Year BPCE Bpce5.41%26sep38 Chart

1 Month BPCE Bpce5.41%26sep38 Chart

1 Month BPCE Bpce5.41%26sep38 Chart