FTSE MIB is headed for best annual performance since 2009
FTSE MIB index, up 18 percent since Dec. 31, is poised to close 2017 as the best-performing major market in Europe.
The best performers from the FTSE MIB were:
1) Fiat Chrysler
2) STMicro
3) Ferrari
4) FinecoBank
5) UBI
6) Moncler
7) Recordati
8) Campari
9) Italgas
10) CNH Industrial
MIFID 2 that is coming on Jan 2018 will make Italian Banks life very hard, since they are still struggling under piles of bad debt, which is pushing down the shares value of Italian financial companies.
For many Europeans Italy is Europe next big problem, waiting to fall to the anti-establishment Five Star Movement.
If Former Prime Minister Matteo Renzi’s (Democratic Party) will lose the elections, then Italy future in the Euro zone will be in doubt.
FTSE MIB index, up 18 percent since Dec. 31, is poised to close 2017 as the best-performing major market in Europe.
The best performers from the FTSE MIB were:
1) Fiat Chrysler
2) STMicro
3) Ferrari
4) FinecoBank
5) UBI
6) Moncler
7) Recordati
8) Campari
9) Italgas
10) CNH Industrial
MIFID 2 that is coming on Jan 2018 will make Italian Banks life very hard, since they are still struggling under piles of bad debt, which is pushing down the shares value of Italian financial companies.
For many Europeans Italy is Europe next big problem, waiting to fall to the anti-establishment Five Star Movement.
If Former Prime Minister Matteo Renzi’s (Democratic Party) will lose the elections, then Italy future in the Euro zone will be in doubt.
