The FTSE MIB was up near 1.7% on Monday, in line with its European peers and led by bank shares after Commerzbank named Manfred Knof, formerly head of Deutsche Bank, as its new CEO. Also, Popolare di Sondrio went up after Fitch Ratings removing the bank's Rating Watch Negative. Meanwhile, investors will monitor the final Brexit talks between the EU and the UK and the first debate between President Donald Trump and Joe Biden on Tuesday ahead of the November election. Still, coronavirus remains in the spotlight as the continent struggles to curb the pandemic.
Historically, the Italy Stock Market (FTSE MIB) reached an all time high of 50108.56 in March of 2000. Italy Stock Market (FTSE MIB) - data, forecasts, historical chart - was last updated on September of 2020.
The Italy Stock Market (FTSE MIB) is expected to trade at 18411.96 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17059.72 in 12 months time.