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Milan bourse share prices tumble 7% (2)

Ftse Mib plunges in line with Paris and Madrid stocks

Redazione Ansa

(ANSA) - Milan, Aug. 24 - The Milan stock exchange Ftse Mib index of share prices tumbled by 7% Monday in the wake of the heavy losses on Wall Street in response to mushrooming Asian markets panic. The plunge on the Milan bourse took place as trading was suspended in more than half of major companies on the stock exchange including Fca, Intesa, Eni, Unicredit, Generali and Mps. Among those still being traded in Milan were Yoox, which was down 9% and Tenaris down 8% though prices of Pirelli, Ansaldo and Wdf were stable.
   

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