Italian stock exchange does not fear elections (2006)
The stock exchange continues to show generalised growth, bringing the capitalisations of Italian companies back to satisfactory levels and more in line with the real value of their assets and activities. In actual fact, the Italian stock exchange has been fluctuating quite markedly over the last month: the alternating performance of the average index, and in particular that of the blue chips, is therefore not a sign of weakness but rather of greater vivacity, with profit-taking and shifts towards the fixed income market, which has become more attractive once again thanks to the rise in interest rates, which soared with the spring emissions. The approaching elections may have induced caution, advising some operators to hold on to liquidity while waiting for the outcome, but on the whole the financial world does not seem to have been overly concerned. In the first week of April, all indices rebounded strongly, so that the comparison with the end of February shows a much more positive dynamic.
Milan stock exchange does not fear elections
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