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Milan bourse closes down 0.3%

FTSE Mib sustained big losses in early trading

Redazione Ansa

(ANSA) - Milan, September 30 - The Milan stock exchange's FTSE Mib index closed 0.3% down after a late rally enabled it to recoup most the big losses sustained in early trading.
    Lenders BMP and Banco Popolare gained 5.36% and 3.38% respectively ahead of October 15 meetings at which they are expected to give the go-ahead to their merger.
    STM did well too, gaining 3.07%.
    Troubled Italian bank Monte dei Paschi di Siena lost 2.55%, Luxottica shed 2.09%, Generali was down 1.46% and Unicredit lost 1.18%.
    Saipem was up 2.1% but Eni lost 0.85%.
   

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