Sabato, 20 Ottobre 2018
MILAN

Milan stock market shrugs off downgrades

English
© ANSA

(see related story)
(ANSA) - Milan, July 17 - The Milan stock exchange shrugged
off Moody's decision to downgrade a number of Italian banks and
local authorities in early trading on Tuesday, when its
benchmark FTSE Mib index gained 0.5%.
After being hit by the IMF's low global growth forecasts on
Monday, the international money markets on Tuesday seemed
encouraged by hopes of measures to stimulate the world economy.

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