Spotlight on main Italian banking stocks at FTSEMib. At 4.50 pm Monte dei Paschi di Siena it gained 5.98% to 3.228 euros, BPER Bank 3.3% to 3.126 euros e UniCredit 2.1% to 25.08 euros.
Niall Gallagher – Investment Director of GAM – believes that, looking forward to 2024, the prospects remain positive for the sector in Europe. “Stock prices in the market do not reflect the sustainability of the increase in earnings/ROE in the face of a return to positive interest rates,” the expert pointed out.
This writing is written for informational purposes only, can be modified at any time and cannot be considered a solicitation for public savings. The website does not guarantee the correctness and does not assume responsibility for the use of the information contained therein.
2024-01-02 15:51:00
#Banking #stocks #bright #start
