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Milan bourse dives 2.9% to 18,759 pts (2)

First time below 19,000 since Dec 19, banks pummelled on Trump

Redazione Ansa

(ANSA) - Milan, January 30 - The Milan bourse fell 2.95% Monday with the bellwether FTSE-MIB index falling to 18,759 points - the first time it has been below 19,000 points since December 19.
    Bank stocks were punished, as elsewhere, by worries over a rise in US protectionism and an immigration crackdown under President Donald Trump.
    UBI lost 7%, while UniCredit fell 6% in the run-up to its capital hike and BPER 4%.
    Generali fell 3.3% and both Intesa and Mediobanca lost 2.7%. Elsewhere London fell 0.92%, Frankfurt 1.12% and Paris 1.14%.
   

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