16.03.2020, 11:54
Milan Stock Exchange Began a New Trading Week with Fall of the Main Index by 7.5%
Source: OREANDA-NEWS
OREANDA-NEWS. Trading on the Milan Stock Exchange on Monday began with a fall in the main quotes. The main FTSE MIB index fell 7.5% to 14728 points, it follows from the data on the site’s website.
Quotes of the concern FCA (Fiat Chrysler automobiles), which announced the closure of its enterprises in Europe, fell by 10%. Continues to lose energy Eni. According to an Italian business newspaper on Monday, over the past three weeks the company's losses amounted to 52%. At the end of trading last week, the Milan site managed to level out losses slightly, closing in a confident positive field (7.12%).
At the same time, the main crisis indicator continues to grow - the spread (the difference in the value of Italian and German securities and the percentage on servicing external government debt), reaching on Monday 264 points from 218 at the time the exchange closed on Friday.
Quotes of the concern FCA (Fiat Chrysler automobiles), which announced the closure of its enterprises in Europe, fell by 10%. Continues to lose energy Eni. According to an Italian business newspaper on Monday, over the past three weeks the company's losses amounted to 52%. At the end of trading last week, the Milan site managed to level out losses slightly, closing in a confident positive field (7.12%).
At the same time, the main crisis indicator continues to grow - the spread (the difference in the value of Italian and German securities and the percentage on servicing external government debt), reaching on Monday 264 points from 218 at the time the exchange closed on Friday.
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