AMWatch

Danish mutual fund providers suspend trading after shares plunge

It is not possible to price assets correctly at the moment, meaning Nykredit Portefølje Administration has suspended trading through its multiple funds, a stock exchange update states.

Photo: JENS NØRGAARD LARSEN/Scanpix Danmark

The coronavirus and oil war are hitting the global equity markets, and shares are plummeting.

This means that it is not possible to "price correctly", says Nykredit Portefølje Administration, which has therefore suspended trading through its multiple funds and investment associations.

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