The FTSE MIB fell 154 points, or 0.8% to 18,198 on Friday, following five consecutive sessions of gains and down from a 2.5% rise the day before amid a general deterioration in sentiment due to fears over growing US-China tensions. Still, the FTSE MIB gained around 5.1% for the week and was up 2.9% for the month, boosted by the ease of lockdown restrictions, with the country set to enter Phase 2 of the deconfinement plan on June 2nd; and as Italy is expected to receive €173 billion from recovery fund proposed by the EU, of which €82 billion in the form of grants and €91 billion in loans.
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 May of 2020.
The Italy Stock Market (FTSE MIB) is expected to trade at 17751.95 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 16448.19 in 12 months time.