Milan stock market closes 2.27% down

(ANSA) - ROME, AUG 5 - The Milan stock exchange's FTSE Mib index shed 2.27% on Monday, closing on 31,293 points amid worldwide investor jitters about fears the United States could enter recession and the impact of a possible attack by Iran on Israel.
    It means that another 15 billion euros in capitalization went up in smoke on Monday, taking the total losses for the last three sessions up to 55 billion. (ANSA).