13.06.2016

Credit Suisse recorded the minimum at the SIX since 1989

The title of Credit Suisse is at historic lows: at the Zurich Stock Exchange the title stock of the second Swiss bank has been exchanged in the afternoon at 11.61 francs, the lowest level since 1989, according to Reuters calculations.

Around 15.30 the share has come to lose about 4% over Friday, then it is slightly relieved: after 16:00 left on the ground about 2%. Bank stocks are under pressure throughout Europe. UBS also not exempt from this trend.

According to the operators, the trading volume of Credit Suisse, however, are higher than average. "The market has made a big seller," said a specialist.
Other experts refer to a Barclays study, which has changed for the worse a recommendation on the title: analysts say the institution is compared to costly legal disputes and the need to enhance its equity base.


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