The FTSE MIB advanced 1.3% to 21,976.1 in the third week of December, as the number of countries approving the Covid-19 vaccine is growing with the EU expected to start vaccination between 27-29 December. Sentiment was also boosted by post-Brexit trade deal hopes and the prospect of a fiscal stimulus agreement in the US. Considering Friday only, the FTSE MIB was down 0.2%, snapping a four-day streak of gains as the post-Brexit trade deal remains in question and coronavirus infections remain elevated in the continent.
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 December of 2020.
The Italy Stock Market (FTSE MIB) is expected to trade at 21459.57 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 19883.50 in 12 months time.