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Markets

Italian stocks drop over 2pc

MILAN: Italian stocks opened down on Friday and accelerated their losses to over 2.0 percent in early trading on growi
Published August 19, 2011

italiana_stockMILAN: Italian stocks opened down on Friday and accelerated their losses to over 2.0 percent in early trading on growing fears of a fresh recession for Italy.

The benchmark FTSE Mib index in Milan was down 2.28 percent at 14,628.50 points with Fiat Industrial's shares suffering the worst fall of 4.10 percent.

 

Copyright AFP (Agence France-Presse), 2011

 

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