Italy equity rally boosts likelihood of Iistings revival

By Aidan Gregory
10 Jul 2019

The Italian benchmark FTSE MIB Index has risen more than 20% this year, buoyed by a rally in euro assets following the European Central Bank’s signal that it may adopt a more dovish stance and resume its bond buying programme. There is hope that this will translate into a strong market for Italian IPOs once the market reopens after the summer.

Despite the rally in Italian assets, there has been little equity capital markets activity from the country this year, apart from the €2bn IPO of payments company Nexi in April, due to a long period of political disruption that began with the election of the coalition government in ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial