The Italian stock market has fallen and state borrowing costs have risen as investors took fright at the country's political situation following the surprising election stalemate.
The Milan bourse was down more than four per cent at its opening amid the deadlock.
The spread between yields on 10-year Italian and German government bonds widened to 338.7 basis points, the highest since December 10.
Memories in the world financial markets are still fresh of the crisis in Italy, the eurozone's third-largest economy, that took the 17-member currency bloc to the brink of collapse in 2011.
More top news
Parliamentary inquiry into the retailer's role in BHS's failure is a damning indictment of an entrepreneur who was trumpeted over the years.
Damning parliamentary inquiry accuses the retail magnate of seeking to blame anyone but himself for the collapse of BHS.
The cyclist said the victory was as sweet as his first win as he became the first Briton to win the race three times.