Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Italian Stock Exchange  >  Intesa Sanpaolo SpA    ISP   IT0000072618

Real-time Quote. Real-time TRADEGATE AG - 08/28 10:02:21 pm
3.2440 EUR   -1.99%
08/27 INTESA SANPAOLO : Intragroup corporate actions partial demerger of b..
08/25 Europe blue-chip shares on the cheap? Think again
08/25 INTESA SANPAOLO : intragroup corporate actions
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Milan's FTSE-Mib Down 5% Near End Of Tuesday Trading Session

04/10/2012 | 11:40am US/Eastern

Milan's FTSE-Mib clue-chip index lost more than 5% in late-session trading Tuesday as investors sold financial stocks and debt-heavy companies amid renewed fear of an Italian debt squeeze.

At 1517 GMT, Intesa Sanpaolo SpA (>> Intesa Sanpaolo SpA), Italy's largest bank, led decliners, shedding 8.1%, while its largest rival UniCredit SpA (>> UniCredit SpA) lost 7.8%.

Traders cited the widening spread, or interest-rate gap, between Italian and German sovereign bonds as the reason for the selloff. The spread rose above 400 basis points, or four percentage points.

Other listed banks such as Banco Popolare (>> Banco Popolare Societa Cooperativa) and UBI Banca SCpA (>> UBI Banca Scpa) also posted sharp drops.

Fiat SpA (>> Fiat SpA) declined 6.2%, followed by other debt-heavy industrial stocks including Fiat Industrial SpA (>> Fiat Industrial SpA) and Mediaset SpA (>> Mediaset SpA).

The FTSE-MIB index is down 4.85 at 14,4887 having inched up from a lower level shortly before.

-By Christopher Emsden, Dow Jones Newswires; +39 06 6976 6921; chris.emsdenloney@dowjones.com

React to this article
Latest news on INTESA SANPAOLO SPA
08/27 INTESA SANPAOLO : Intragroup corporate actions partial demerger of banca cr fire..
08/25 Europe blue-chip shares on the cheap? Think again
08/25 INTESA SANPAOLO : intragroup corporate actions
08/24 Milan bourse loses ground on Asia fears
08/13 INTESA SANPAOLO : consolidated results at 30 June 2015
08/13 INTESA SANPAOLO : NextEnergy Capital Completes Project Financing for Solar Power..
08/11 INTESA SANPAOLO : filing notice
08/05 INTESA SANPAOLO : filing notice
08/05DJMediobanca Fourth-Quarter Profit Rises on Higher Net Interest Income
08/03 INTESA SANPAOLO : Supervisory board
Advertisement
Chart
Duration : Period :
Intesa Sanpaolo SpA Technical Analysis Chart | ISP | IT0000072618 | 4-Traders
Income Statement Evolution
More Financials