Markets
Milan stocks drop over 3.0 percent, bank shares hit
MILAN : Milan's stock exchange dropped over 3.0 percent in late Thursday trade, with bank shares hardest hit amid repor
MILAN: Milan's stock exchange dropped over 3.0 percent in late Thursday trade, with bank shares hardest hit amid reports that Germany is mulling a second postponement of a key EU summit on the eurozone debt crisis.
At 1505 GMT, the FTSE Mib index dropped 3.2 percent, with UniCredit bank shares down 9.15 percent and Intesa Sanpaolo shares down 8.69 percent.
Copyright AFP (Agence France-Presse), 2011
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