Milan

Milan bourse sinks with Wall Street after Obama re-election

Benchmark FTSE Mib loses 2%

Milan bourse sinks with Wall Street after Obama re-election

Milan, November 7 - The Milan stock exchange on Wednesday followed Wall Street's negative reaction to US President Barack Obama's re-election. The benchmark FTSE Mib index lost 2% to 15,369 points. Fiat shares dropped 4.26% and Mediaset declined 3.47%. Banks felt the pressure with Unicredit falling 3.37%, Bpm down 2.8% and Ubi dipping 2,59%.

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