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Italian stocks stocky after Renzi victory

Tuesday, 27 May 2014


Italian stocks jumped 3.61 per cent on Monday after Prime Minister Matteo Renzi scored a surprise landslide against eurosceptic parties in European Parliament elections. The FTSE Mib index in Milan closed at 21,493.87 points, with banks leading the rally. Shares in Banca Popolare dell'Emilia Romagna rose 8.88 per cent to 7.97 euros, according to AFP.