Mediaset shares fall as Italy's stock market index advances

Shares in Silvio Berlusconi's company Mediaset fell 2.8% to 1.34 euros in response to today's ruling.

In contrast, Italy’s benchmark FTSE MIB index advanced by 0.2%.

Advertisement

Reports: Berlusconi to appeal

Media reports in Italy suggest lawyers for former Italian Prime Minister Silvio Berlusconi are to appeal against his jail sentence for tax fraud, according to the BBC.