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Milan bourse rallies

Bank stocks recover

04 March, 10:32
Milan bourse rallies (see previous). (ANSA) - Rome, March 4 - The Italian stock market rose 1.17% after Russian President Vladimir Putin pulled back troops exercising on Ukraine's borders, making a full-scale conflict less likely and an IMF aid package to Kiev more likely despite Moscow's intervention in Crimea.

The FTSE-Mib index went back above the psychologically important threshold of 20,00 points as banking stocks rallied.

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