14 September 2001: -6.62% - Attack on the Twin Towers

The Milan Stock Exchange, like many other global markets, was still affected by the attack on the Twin Towers and thus suffered a sharp drop (-6.62%) in reaction to the 11 September terrorist attacks in the United States. The event deeply shook investor confidence, generating fears about international security, global economic repercussions and a potential slowdown in growth. The high uncertainty and shock climate led to a general wave of selling on the stock markets that lasted several days.