Milan underperforms as European shares rise
FTSE-Mib drops 1.02% to 21,692 points
02 April, 19:51
(ANSA) - Milan, April 2 - European shares rose Wednesday
following positive US jobs data and investor hopes of new
stimulus measures from the European Central Bank.However, the Italian FTSE-Mib dropped 1.02% to 21,692 points after outperforming European bourses on Tuesday and closing at 21,915 points for the first time since May 2011.
Milan-listed bank shares underperformed with Mediobanca closing down 3.39%, BPM 2.47%, Intesa 2.37%, Unicredit 2.15%, Ubi 1.95% and Banco Popolare 1.74%. MPS shares also dropped 1.38%.
Madrid's IBEX i35 Index also closed down 0.26% to 10,435 points.
Other European shares instead continued their winning streak for the seventh consecutive day.
London's FTSE-100 edged up 0.10% to 6,659 points.
Frankfurt's DAX index gained 0.20% to 9,623 points.
Paris' CAC 40 rose 0.09% to 4,430 points.
