The FTSE MIB was down to below the 25,500 level on Wednesday, hoovering at two-weeks low, and in line with its European peers. Ongoing concerns over slowing global activity and rising inflation triggered a rally in government bonds, with Italy's 10-year government bond yield rising to around 4-month highs of 0.915%. On the corporate front, Atlantia (-3.2%), Exor (-2.9%), and Prysmian (-2.9%) led the daily falls.
Historically, the Italy Stock Market Index (IT40) reached an all time high of 50108.56 in March of 2000. Italy Stock Market Index (IT40) - data, forecasts, historical chart - was last updated on October of 2021.
The Italy Stock Market Index (IT40) is expected to trade at 24984.77 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 22909.35 in 12 months time.