Notice: Trying to get property 'display_name' of non-object in /home/theproficientinv/public_html/wp-content/plugins/wordpress-seo/src/presenters/meta-author-presenter.php on line 40
Investor Strategy

France, Italy, Spain curb trading to contain sell-off

imageEconomy6 hours ago (Mar 17, 2020 04:56AM ET)

(C) Reuters. France, Italy, Spain curb trading to contain sell-off

By Leigh Thomas

PARIS (Reuters) – France, Italy and Spain are introducing curbs on stock market trading on Tuesday, banning short-selling to shield some of Europe’s biggest companies from a sell-off triggered by the coronavirus.

France is banning short-selling on 92 stocks, the financial markets authority said as it tries to calm market turmoil. Belgium also took a similar step.

On Monday, stock market regulators in the two European countries hardest hit by the coronavirus, Italy and Spain, imposed bans on short-selling.

France’s Autorite des Marches Financiers said in a statement that it was closely monitoring the situation on the markets in relation with other regulators.

Earlier, Finance Minister Bruno Le Maire said it was important to keep financial markets open in order for companies to be correctly valued and said that other things, such as banning short-selling, could be done before closing markets.

France, Italy, Spain curb trading to contain sell-off

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top