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Ukraine: Milan bourse suffers significant losses

FTSE Mib sheds over 2.5% in early trading

Redazione Ansa

(ANSA) - ROME, FEB 28 - The Milan stock exchange suffered significant loses in early trading on Monday as the money markets continued to feel the effects of Russia's invasion of Ukraine.
    The FTSE Mib index was down by over 3% at one stage, with Unicredit's share price losing 10% and Pirelli, Intesa, Banco BPM and Stellantis all shedding over 6%, before the index regained some of the ground.
    Defence and aerospace giant Leonardo, on the other hand, was up by 13% after the EU announced it would sent arms and funding to Ukraine.
    Ship-builder Fincantieri's stock gained 15%. (ANSA).
   

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