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Troubled MPS shares tumble by 7.8%

Shares plunge to worst ever, 0.40 euros

Redazione Ansa

(ANSA) - Milan, January 30 - After being temporarily suspended, shares in the troubled Monte dei Paschi di Siena (MPS) bank plunged by 7.8% Friday to reach a fresh historic low of 0.40 euros on the Milan bourse, stock exchange officials said.
    Sales in shares of the beleaguered Tuscan bank were described as "violent" with as many as 60 million changing hands within an hour.
    The latest fall came after a 6% loss Thursday.
   

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