Milan stocks end week sharply down

(AGI) Milan, July 4 - Milan stocks closed the week sharply downdespite a steady start, driven by a weak banking sector. TheFTSE MIB fell 1.49 percent to 21,559 points and the All Sharelost 1.38 percent, making Milan the worst-performing Europeanstock market. All the other European markets closed at parity.Trade in banking shares was dragged down by concerns over bankstakes in Eastern Europe, with Unicredit and Intesa losingground after a profit warning from an Austrian bank. . .

(AGI) Milan, July 4 - Milan stocks closed the week sharply downdespite a steady start, driven by a weak banking sector. TheFTSE MIB fell 1.49 percent to 21,559 points and the All Sharelost 1.38 percent, making Milan the worst-performing Europeanstock market. All the other European markets closed at parity.Trade in banking shares was dragged down by concerns over bankstakes in Eastern Europe, with Unicredit and Intesa losingground after a profit warning from an Austrian bank. . .