Milan’s Ftse Mib Ends Only Marginally Higher — Market Talk

1626 GMT Italy’s Ftse Mib ends up 0.1% at 15436, amid high volatility especially in banking stocks. Banca Monte dei Paschi di Siena is the main loser, shedding 5.8% on concerns about whether the bank will need to launch a new capital increase or be rescued by the state, having opened up in positive territory. Banca Popolare dell’Emilia Romagna ends down 4.5% and Banco Popolare drops 2.5%. Among the gainers, Yoox Net-A-Porter ends up 6%, after it unveiled a new strategic plan targeting higher revenue.(giovanni.legorano[a]wsj.com)

 
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