The Milan stock exchange lost
more ground in early trading on Monday as the turmoil following
Britain's vote to leave the European Union continued.
The market, which suffered record losses of over 12% on
Friday, made gains after the opening of business and was 1% up
at one stage.
But these were quickly reversed and the FTSE Mib index was
1.75% down after just over an hour and a half of trading.
Bank stocks were hit particularly hard again, with
Intesa, BPM and UniCredit suspended for excessive volatility.
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