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With the rush at the beginning of November, Milan earns 25% more than Frankfurt from the beginning of the year (+ 17%) and Nasdaq (+ 24.1%). Ahead remain only S & P500 and Paris. However, the price / earnings ratio remains lower than US records
by Andrea Gennai
The key points
- The general optimism
- Multiples not yet at the highest
- What drives Milan
Superstar Business Square. During the week, the Ftse Mib took home a gain of 3.4%, remaining at the top since September 2008 and being the best among the main international indices. Three stocks posted double-digit gains. Ferrari is in the lead (+ 11.6%) after the accounts, followed by Tim (+10.7) driven by rumors about possible news related to the network. Third Tenaris (+ 10.2%). The market was also reassured by the cooling of the ten-year BTp-Bund spread back …