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BKNIY vs. ETF Alternatives
Monday, Jun 112012, 3:12 AMSpanish banks get the expected bounce this morning, following the sector's bailout. In Madrid, Santander +7%, BBVA +8.5%, Bankinter +15%, CaixaBank +10%. Spain's IBEX 35 index opens +4.5%. |Monday, Jun 112012, 3:12 AM| 1 Comment
Monday, May 282012, 4:06 AMBankia hurtles 24.5% lower in Madrid following news that Spain's government will provide €19B to the lender. Shares had been suspended on Friday ahead of the announcement by Bankia of its recapitalization requirements. The developments are pressuring other bank stocks, with Bankinter (BKNIY.PK) -4.1% and Santander (STD) -1.1%. |Monday, May 282012, 4:06 AM| 8 Comments