Milan stock market slides amid Iran war uncertainty
UniCredit Bank
The Milan stock exchange was down by 1.1% in early trading on Monday amid uncertainty about the Iran war ceasefire after the United States seized an Iranian cargo ship. The share price of auto group Stellantis was down 1.4% and the stocks of several banks registered big declines too, with Intesa falling 1.6%, Unicredit 1.2% and Bper 0.9%. The rise in oil prices sparked by the renewed tension pushed up energy stocks, with Eni gaining 2.6% and Saipem's stock climbing 1.9%. ALL RIGHTS RESERVED ©
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