All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Madrid falls on political vacuum but FCC rises on rights issue

FCC Koplowitz, Esther, first vice-chairman for web

Stocks in Madrid tumbled on Monday, after Sunday’s election left the country without a clear prospect of a stable government. Yet one of the best performing shares was Fomento de Construcción y Contratas, the construction company, which maintained nearly all its gain after last Thursday’s news of a €709.5m rights issue.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree