Shares of Spanish banks plummet on stock exchange as unrest continues in Catalunya

68

Spain’s IBEX 35 stock market index lost 2 percent on Wednesday October 4th, primarily due to continued speculation about the political impasse in Catalunya.

Spanish bank CaixaBank, which is headqúartered in Barcelona, was down 6.7 percent on October 4th, according to infobolsa.es, which monitors the share valúe of Spain’s leading companies. Banco Sabadell, Spain’s 5th largest bank, also lost 6.3 percent of its …