ASX-listed shares of Virgin Money falls after co withdraws mortgage ranges

Virgin Money UK

27/09/2022 02:42

** ASX-listed shares of Virgin Money  VUK.AX  fall as much
as 5.2% to A$2.2, hitting their lowest since June 22
    ** The UK-based digital bank on Monday temporarily withdrew
their mortgage ranges for new customers because of the
volatility in sterling funding markets  urn:newsml:reuters.com:*:nL9N2XB02F
    ** Co was also among the eight banks included in Bank of
England's "stress test," which checks bank's ability to cope
with rising global interest rate  urn:newsml:reuters.com:*:nL8N30X2B6
    ** Stock is top percentage loser in the benchmark ASX 200
index  .AXJO 
    ** Virgin stock down 30% this year, as of last close 
 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))