Stock markets in the UK and across the euro-zone slid by up to two and a-half percentage points on Wednesday as news that Portugal may need a second bailout and Italy’s announcement that borrowing costs have hit a three-year high of 5.1 percent. The FTSE 100 closed down 0.35 percent at 6,002, while Paris’ CAC 40 slid 0.44 percent to 17.49. Not surprisingly, Milan’s FTSE MIB showed one of the biggest losses in the euro-zone, falling 2.44 percent to 494.31. Overall, luxury stocks fell along with the markets with Burberry closing down 1.68 percent at 14.50 pounds, or $23.10, and Mulberry sliding 1.73 percent to 17.00 pounds, or $27. Tod’s SpA also fell 0.37 percent to 93.90 euro, or $134.30. Prada fell 0.67 percent to 44.70 Hong Kong dollars, or $5.74. On a brighter note, market newcomer Salvatore Ferragamo rose 0.87 percent to 10.39 euros, or $15.

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