Bankia bounces back, Civica set after over-subscription
Bankia, newly listed in Madrid on Wednesday, shook off a weak opening with an early-morning low that was 6.6% down and began to join in a broad-based sector rally to close flat price on the Eu3.75 issue price. Banca Civica, which enjoyed a far higher level of oversubscription for its deal but still priced at the bottom of its indicated range, will have its turn on Thursday.
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