(Il Sole 24 Ore Radiocor) - London, 24 Jun - In European stock market dealings, German only retailer Zalando lost 3.86% at 21.67 euros in Frankfurt after Morgan Stanley cut its rating on the stock to "equal weight" from "overweight" Shares of Eurofins Scientific slumped 16.15% at 44.22 euros after Muddy Waters Capital questioned the accounts of the French pharmaceutical, food, and environmental testing company and accused the CEO, Gilles Martin, of siphoning funds. According to the short-seller, Eurofins could have overstated its profits, cash balance and other assets. Gilles Martin is a member of the Martin family which owns 32.7% of Eurofins.

In Milan, bank shares were higher boosted by consolidation rumours.

Bper rose 4.99% at 4.8220 euros and Popolare di Sondrio closed 3.98% higher at 6.93 euros.

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(RADIOCOR) 24-06-24 18:38:24 (0555) 5 NNNN