Nov 23, 2024 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
☰
✕

Italian stocks plunge after credit rating downgrade

MILAN : Italian stocks plunged at the start of the session on Tuesday after Standard & Poor's downgraded Italy 's sover
Syed Murtaza Gheblehzadeh 20 Sep, 2011

The benchmark FTSE Mib index in Milan dropped 1.21 percent, with insurance giant Fondiaria-SAI and truck maker Fiat Industrial worst hit.

Italy's two biggest banks, UniCredit and Intesa Sanpaolo, also fell sharply.

 

Copyright AFP (Agence France-Presse), 2011

 

Read Comments