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Commerzbank falls on trader talk of possible rights issue
LONDON |
LONDON Jan 11 (Reuters) - Shares in Commerzbank shed 4.3 percent in heavy volume on Friday, with traders citing talk of the need for a possible rights issue for one of Germany's largest banks.
Commerzbank declined to comment.
Volume on Commerzbank was 120 percent of its 90-day daily average around 1030 GMT, compared to just 36 percent traded on the FTSEurofirst 300.
(Reporting By David Brett; Editing by Toni Vorobyova)
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