Home Business News Several countries lift short-selling ban

Several countries lift short-selling ban

by LLB Editor
18th May 20 12:19 pm

France, Italy, Spain, Belgium, Austria and Greece are all scrapping restrictions that prevented traders from selling shares they didn’t own (hoping to buy them back cheaper).

These bans were introduced in March, in an attempt to stem the alarming plunge in across stock markets.

French markets watchdog AMF says the markets are calmer now, although relatively edgy:

“Markets have partly reduced their losses, trading volumes and volatility have returned to levels that are still high compared to mid-February, however this reflects market participants’ uncertainties in the current context.”

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