Shares in Swedish Automobile, owner of troubled car maker Saab, plummeted on the Amsterdam stock exchange on Friday when trading resumed after a two-day freeze.

Traders were reacting to the news that the Swedish courts have refused to grant Saab court protection from creditors so it can reorganise. Saab is to appeal against that decision on Monday.
Swedish Automobile stock fell 50% as trading opened, but recovered slightly. By 10.30 hours, the shares were down 33%.
Swedish Automobile was previously known as Spyker. However, the sale of the luxury car brand has also been put on hold because of the Saab crisis.
For more on the situation at Saab, click here