August 20, 2018 / 7:20 AM / a year ago

Shares in Italy's Atlantia indicated down in pre-open trade

FILE PHOTO: Firefighter helicopter flies over the collapsed Morandi Bridge in the port city of Genoa, Italy August 16, 2018. REUTERS/Stefano Rellandini

MILAN (Reuters) - Shares in Italy’s infrastructure group Atlantia (ATL.MI) failed to open on Monday morning, after falling 22.5 percent last week following the collapse of a motorway bridge in the Italian port city of Genoa last week.

The stock’s pre-opening price indicated the shares could fall another 2 percent to 17.5 euros.

The viaduct was part of the A10 motorway linking Genoa with the French border to the west and was managed by toll-road operator Autostrade per l’Italia, a unit of Atlantia. The official death toll from the disaster was raised to 43 on Sunday.

Reporting by Giulia Segreti; Editing by Mark Bendeich

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