Arab Today, arab today shock plunge in italian bank shares after rumour
Last Updated : GMT 21:34:07
Arab Today, arab today
Arab Today, arab today

Shock plunge in Italian bank shares after rumour

Arab Today, arab today

Arab Today, arab today Shock plunge in Italian bank shares after rumour

Milan - AFP

Italian bank shares plummeted suddenly on the Milan stock exchange on Friday, with the country\'s biggest bank UniCredit down more than eight percent before recovering to show a loss of three percent. Banca Popolare di Milano was down 4.83 percent, Intesa Sanpaolo 3.53 percent and Banca Monte dei Paschi di Siena 2.65 percent at around 1100 GMT amid a market rumour that Italy\'s sovereign credit rating is to be downgraded. The benchmark FTSE Mib index was down 0.52 percent at 1130 GMT, while other European bourses were in positive territory. The falls came after Moody\'s ratings agency on Thursday warned it could downgrade 16 Italian banks but bank shares were up at the start of trading. Along with Standard and Poor\'s, Moody\'s has also warned it could downgrade Italy\'s sovereign rating because of the country\'s current economic woes.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shock plunge in italian bank shares after rumour Arab Today, arab today shock plunge in italian bank shares after rumour

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shock plunge in italian bank shares after rumour Arab Today, arab today shock plunge in italian bank shares after rumour

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday