Sharp gains in Spain, particularly its banking shares, may be little more than a bounce...

|By:, SA News Editor
Sharp gains in Spain, particularly its banking shares, may be little more than a bounce following recent brutal declines. Banco Santander (STD +7.44%) and BBVA (BBVA +6.95%) have lost around 1/3 of their value since mid-October. Spain, up 3.84% today, has fallen nearly 15% over the same period.