Giovedì, 18 Ottobre 2018

Milan drops 0.69% as markets lose more ground


(ANSA) - Milan, July 24 - The Milan stock exchange lost
0.69% in early trading on Monday, when the main European markets
conceded more ground after sustaining big losses on Monday.
Milan's FTSE Mib index was 5% down at one point Monday,
taking it to a euro-era low, before reducing the losses to 2.7%
after stock-market regulators banned short selling for a week to
stop speculative trading.
Analysts said a surprisingly big fall in the index of the
confidence European manufacturing managers on Tuesday, which
dropped to 44.1 points compared to an expected 45.2, hit
investor sentiment.
London lost 0.2% in early trading, Paris was 0.24% down,
Frankfurt dropped 0.39% and Madrid fell 1.30%.

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