Spain bans short-selling of shares as markets fall

Market Data

LAST UPDATED AT 19:31 GMT

Dow Jones	12697.51	Down	-125.06	-0.98%
Nasdaq	2887.91	Down	-37.39	-1.28%
FTSE 100	5533.87	Down	-117.90	-2.09%
Dax	6419.33	Down	-210.69	-3.18%
Cac 40	3101.53	Down	-92.36	-2.89%
BBC Global 30	6178.73	Down	-26.81	-0.43%

Marketwatch ticker

DATA DELAYED BY 15 MIN

Spain has banned short-selling of shares to try to limit price moves after markets fell sharply on fears the country may need a full bailout.

Spain's market regulator blocked the practice for three months to try to restore order after sharp falls in bonds and shares.

"Short-selling" is a way that traders can make money by betting on falling share prices.

Italy has also banned short-selling of financial stocks for one week.
BBC