Domenica, 21 Ottobre 2018
MILAN

Mediaset shares drop 2.6% after Berlusconi verdict

English
© ANSA

Milan, August 2 - Mediaset's share price
registered significant losses in early trading on Friday after
ex-premier Silvio Berlusconi's four-year jail term for tax fraud
at the company was upheld by the supreme court on Thursday.
Mediaset's stock lost 4% at the opening of trading but
picked up to reduce the loss to 2.61%, with a price of 3.28
euros, after around an hour and a half of business.
The share price was also affected by half-year accounts
that saw profits fall to 30 million euros.
The Milan stock exchange as a whole fell 0.48% in early
trading.
The fact that it did not register bigger losses could be a
sign that investors do not expect the imminent collapse of
Premier Enrico Letta's left-right government after Thursday's
ruling.

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