Copenhagen’s C-20 index has continued to fall this morning, shedding between 6 and 8 percent.
Danske Bank led the curve, dropping 13 percent. Nordea dropped too, but non-financials also headed down. Novozymes, F.L.Schmidt, Danisco, DSV and D/S Norden saw about a six percent drop.
The morning’s drop gave the Copenhagen bourse the unattractive yellow jersey among European stock exchanges. Frankfurt started the day down some four percent, Paris down 4-5 percent and Zurich 3-4 percent. Amsterdam and Stockholm fell five percent, and Helsinki down 3.8 percent.