The Milan stock exchange's FTSE Mib
index shed 1.9% in early trading on Thursday as the
international money markets reacted to US President Donald
Trump's new tariffs.
Bank stocks were hit especially hard, with Bper's share price
losing 4.6%, Unicredit was down 4% and Popolare Sondrio was down
3.8%.
The spread between Italy's 10-year BTP bond and the German Bund
climbed to 112 basis points, up from 109 at closure on
Wednesday, even though the yield on the BTP fell to 3.75% from
3.81%.
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