Major European indices trade on a mostly lower note with Italy’s MIB (-1.1%) showing relative weakness.
Bank stocks are under pressure in Milan with BMPS down nearly 8.0% on news that the Italian government sold a 25% stake in the lender, raising EUR920 mln.
—Equity Markets—
STOXX Europe 600: -0.2%
Germany’s DAX: UNCH
U.K.’s FTSE 100: -0.5%
France’s CAC 40: -0.4%
Italy’s FTSE MIB: -1.1%
Spain’s IBEX 35: -0.3%