ANSA) - Milan, September 26 - The Milan bourse lost ground
Monday, with the benchmark FTSE MIB index shedding 1.58% to
close at 16,192 points on uncertainties in the banking sector
and ahead of a December 4 referendum on Premier Matteo Renzi's
constitutional reform law, analysts said.
Shares in troubled lender Monte dei Paschi di Siena (MPS)
bucked the trend, soaring 7% in the day's trading before
settling at +1.43% on positive expectations about new CEO Marco
Morelli.
Pharmaceutical company Recordati jumped 3.38% on rumoured
interest on the part of Asian groups.
Big losers included Mediobanca (-3.89%) and UniCredit
(-3.63%), the latter ahead of a new industrial plan to be
unveiled before year's end to spin off several assets in view of
a five-billion-euro capital increase.
Investors also dumped shares in oil and gas industry
contractor Saipem (-3.97%), automaker Fiat Chrysler Automobiles
(-3.65%), Telecom (-2.75%).
Mediaset also suffered (-1.4%) on the eve of a board
meeting to discuss a suit for millions in damages filed by
Silvio Berlusconi's media group against French media giant
Vivendi for its alleged failure to respect an April 8 deal to
buy its pay-TV unit Premium.
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