Wednesday, July 27, 2016

Investor doubts lead BCP to fall 4% – Express

The BCP remains pressured on the Stock Exchange by questions from investors after the surprise announcement of postponement of the second quarter expected results today.

The bank referred to Friday the release of the accounts in line with the publication of the results of stress tests on European banks.

“the last minute announcement caught everyone by surprise. And there are fears,” said Albino Oliveira, an analyst at Patris. “After all, what will announce the BCP on Friday?” He asked.

The following BCP falling 4.08% to 0.0188 euros per share while the STOXX 600 index of European banking advancing 0.75%.

the EBA, European banking authority will publish the results of the tests on 51 banks, and the BCP is not listed. But the bank may choose to disclose the findings of their tests.

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