Milan

Milan bourse slumps to 20th in world stock-market rankings

Booming China, Brazil, India outpace recession-hit Italy

Milan bourse slumps to 20th in world stock-market rankings

Milan, October 23 - The Milan bourse has fallen to 20th place in world stock-market rankings, data showed Tuesday. Just 10 years ago the bourse ranked ninth. But strong growth in emerging markets such as China, Brazil and India have outpaced Italy, which is currently in a recession and embroiled in the European sovereign-debt crisis.

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