Shares in Bankia tumbled 27% when they resumed trade on Monday as investors digested the fallout from a the €19bn government bailout announced late Friday.
Following a 20 minute price auction, the stock began trading at €1.15 down from €1.57 at Thursday's close after its suspension throughout Friday. Trading volumes were higher than usual, as many small investors dumped their shares. At 07.44 GMT, after 25 minutes of trading, losses had moderated slightly and the stock was down 21%.
