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Milan bourse wipes out gains

MPS, UBI, Banco, BPM suspended for excessive losses

Redazione Ansa

(ANSA) - Milan, April 19 - The Milan bourse wiped out earlier gains to show a rise of just 0.03% as banking stocks tumbled Tuesday.
    MPS dived 5% before being suspended for excessive losses, as were UBI, Banco and BPM. Banking stocks have fuelled recent bourse gains linked to the new Atlante fund for weaker banks.
   

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