Short sell ban on banks ends, Macquarie Group down 6.6%
Investors sold bank shares following the lifting of a ban on short-selling financial stocks by ASIC today. The banking sector was bruised and bloodied with all big four banks and Macquarie Group under pressure from selling today.
Macquarie Group shares fell $2.21, or 6.6 per cent, to $31.59. Commonwealth Bank lost 70 cents, or 2 per cent, to $34.81. Westpac dropped 70 cents, or 3.6%, to $18.68 ad NAB lost 61 cents, or 2.8% to $21.15. ANZ was down 21 cents, or 1.4%, to $15.20









