The move caused a jump in bank shares - Deutsche Bank rose 2.8 percent but the biggest gains were among ailing Spanish banks, which some had feared would struggle to meet the new cash requirements. Bankinter soared 9.2 percent and Banco Popular gained 2.1 percent higher.The subdued mood in the broader markets was also seen earlier in Asia. The Nikkei in Tokyo fell 0.8 percent to close at 10,599.01.
Asia Stocks Cool Off Following Gains Last Week
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts