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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 reasons justifying the recent high volatility of its shares.

Shares in Stefanel are currently suspended showing a price of 0.47 euro and a gain of more than 14 percent, on trading flows that are already more than four times the monthly average volume 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 02 66129437)(Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))

Keywords: STEFANEL/