Amagerbanken stock jumps

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Investors seem to be certain that Amagerbanken will manage to get through its crisis – the bank’s stock jumped over 100 percent this morning and is now at DKK 16.

Advances came Monday after the bank announced on Friday that the Danish state has waived its option to convert a billion-kroner loan to stock. The announcement gave the bank’s stock a 37 percent boost on Friday.

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