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Austria extends shortselling ban to February

Source: Reuters - Mon 21st Sep 2009

Austria's financial market watchdog FMA on Monday extended a ban on naked short-selling of shares in the country's two main listed banks and two insurance firms until Feb. 28, 2010.

The ban on short-seeling of shares in Erste Group Bank and Raiffeisen International, and ininsurers Uniqa and Vienna Insurance Group was due to run out at the end of September.