Lunedì, 15 Ottobre 2018

MPS shares close 8.8% down (3)


Milan, May 17 - Shares in troubled Tuscan bank Monte
dei Paschi di Siena (MPS), Italy's third-largest bank, closed
8.8% down on the Milan bourse on reports a new government may
intervene to revamp it.
But the stock was still around 6% higher than it was on
Friday when a return to profit in the first quarter was
announced, boosting the share price for several days.
The banking sector suffered Thursday with UBI closing 2.71%
down and Unicredit 1.8% down.
Tension on Italian State paper was limited.

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