The Milan stock market closed
-0.92% Monday after China industrial production reached 2012
lows.
Shares in Luxottica Group eyeware closed -5.73% after the
company announced late Friday that co-CEO Adil Khan was leaving.
Luxottica shares plunged as much as 8% in trading on news
of Khan's departure - the third company CEO to leave in 18
months - as well as disappointing preliminary results.
Many blue chips lost ground, including Monte dei Paschi di
Siena (MPS) bank (-3.85%), Mediobanca (-3.12%), Poste Italiane
(-2.7%), Bper (-2.45%), Intesa Sanpaolo (-2.14%), and
Assicurazioni Generali (-1.74%).
UniCredit bank (-0.8%), ENEL utility (-0.7%) and Fiat
Chrysler Automobiles (-0,08%) outperformed the index.
Banco Popolare (+5.99%), Mediaset (+2.08%) and BPM (+1.2%)
bucked the trend.
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