BCP shares rise as it goes ex-rights before €1.33bn recap

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BCP shares rise as it goes ex-rights before €1.33bn recap

Lisbon at twilight Fotolia_133010508_Subscription_XXL 230x150

Shares in Banco Comercial Português, the Portuguese bank, closed 15% higher on Tuesday after they began trading ex-rights ahead of its €1.33bn rights issue to strengthen its capital buffers and repay contingent convertible bonds owned by the Portuguese government.

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