Lisbon Brokers probed for suspected insider trading in BPI stock - report |
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Published
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Mon, 19 Feb 2007 12:34
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LISBON (AFX) - Portuguese brokerage Lisbon Brokers and three of its clients are being investigated by Portugal's public prosecutor under suspicion of insider trading in Banco BPI shares, weekly Expresso reported Saturday without naming a source.According to the newspaper, the prosecutor is investigating the acquisition of three blocks of BPI shares bought on March 10, 2006 at 4.65 eur per share and then sold on March 13 after Banco Comercial Portugues announced its bid for BPI.The acquisition and later sale of the shares generated capital gains of up 1 mln eur in one of the transactions, the newspaper reported.Lisbon Brokers and local markets regulator CMVM both declined to comment.jonathan.gleave@thomson.comjg/jmsCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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NASDAQ
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2792.28 |
22.57 (
0.81 %)
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2012-01-19 ) |
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CARNIVAL
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11:35am )
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2017.00 |
46.00 (
2.42 %)
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WHITBREAD
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11:35am )
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1662.99 |
33.99 (
2.09 %)
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| SYMBOL (
2012-01-19 )
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| LAST |
CHANGE
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IBM
(
12:34pm ) |
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181.50 |
0.43 (
0.24 %)
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2012-01-19 )
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