CarVal

The Greek stock market continued to be “trapped” in a selling mood for the fourth consecutive day, with shares retreating significantly from the 1,420-point level and losing the support of 1,415 points. The share placements and capital increases by listed companies seem to be weighing on the market, at least in the short term.

Qualco's Greek subsidiary Qquant is according to sources undertaking the management of the bad-loan portfolio of 5.2 billion euros that National Bank of Greece is selling to the consortium of Sweden's Intrum and US firm CarVal.