Banco Comercial Soars on Plans for Rights Offer
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Banco Comercial Portugues SA, Portugal’s second-biggest publicly traded bank by market value, soared after it said it would issue shares to repay state aid earlier than planned.
Shares were up 13.9 percent to 0.1805 euros in Lisbon at 11:38 a.m., after dropping as much as 9.2 percent in trading today. Earlier they were up 15 percent.