Wires

Italy's Stefanel not aware of any reasons for share jump

MILAN, Oct 12 (Reuters) - Italian fashion group Stefanel

said on Friday it was not aware of any reasonsjustifying the recent high volatility of its shares.

Shares in Stefanel are currently suspended showing a priceof 0.47 euro and a gain of more than 14 percent, on tradingflows that are already more than four times the monthly averagevolume for a single session.

Shares have gained 70 percent in the latest five sessions,according to Reuters data.

(Reporting by Francesca Landini)

((francesca.landini@thomsonreuters.com)(+39 0266129437)(Reuters Messaging:reutersitaly.thomsonreuters@reuters.net))

Keywords: STEFANEL/