The Italian stock market plunged
more than 12% as the benchmark FTSE MIB index closed at 15,807
points Friday after Britain voted to leave the European Union.
This was the biggest single-day loss that it was possible
to find working back to 1994 by analysing the history of the
FTSE MIB and its predecessor, the Mibtel.
The bourse lost 8.24% on October 6, 2008, after the Lehman
Brothers failure and 7.57% after the September 11, 2001,
terrorist attacks in the United States.
Milan was surpassed by Athens, where the market lost 13.4%
at the close. Paris (-6.58%) and Frankfurt (-5.83%) also
suffered.
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