Milan bourse closes down 1.97%

(ANSA) - ROME, MAR 20 - The Milan Stock Exchange closed sharply lower on the rising fallout of oil price hikes over the Iran war Friday. The FTSE MIB index fell 1.97% to 42,840 points. On the main stock exchange, Inwit plunged again (-7.5%), following the tower agreement between TIM (-2.1%) and Fastweb + Vodafone. Amplifon performed strongly (+4.2%). European stock markets closed lower as the protracted war in the Middle East continues. Tensions over the Strait of Hormuz fueled rising energy ...

By ANSA