The UK’s Financial Conduct Authority has issued a temporary ban on the short-selling of 37 Belgian and Italian stocks, following another day of collapsing share prices across Europe.
The FCA confirmed the ban, the second in four trading days for Italian stocks, in a market statement on 17 March, following similar moves by the Belgian and Italian market regulators. The prohibition, which lasts until the end of trading today, affects stocks including UniCredit, Banca Mediolanum and Banca Monte Paschi Siena, Fiat Chrysler and Telecom Italia, as well as Brussels-listed brewer AB InBev.