Portugal's stock market fell to 20-year-lows in early trading Friday as a reaction to the UK's referendum decision to leave the European Union (EU).
The PSI-20 principal index fell close to 11% to 4.17 points in early trading, its lowest level since January 1996, EFE news reported.
Shares in Banco Comercial Portugues (BCP), in which Spain's Banco Sabadell has a participation, tumbled more than 17% to trade at just 1.7 euro cents per share.
Analysts are pointing to the so-called Brexit as being responsible for market turbulence across the world, with investors moving money to secure assets such as gold and German bond
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