Italy claims right to Russia ties - Lavrov
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Milan
20 Gennaio 2016
Milan, January 20 - The Milan stock exchanges' benchmark FTSE Mib index was a whopping 5.26% down at 17,889 points close to the end of trading on Wednesday. Trading in the shares of 14 blue chip companies was suspended amid the turmoil. These included Poste Italiane (down 6.12%), Generali (-5.14%), Ferragamo (-1.96%), Unipol (-2.88%) and troubled bank Monte Paschi di Siena (MPS), down 20.67%. As in recent days, bank stocks were among the worst-hit amid investor concerns about the number of bad loans on Italian lenders' balance sheets. Carige was also suspended, with its price heading down 16.25%.
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