The Milan bourse rose another
1.31% Wednesday after a 4% gain Tuesday as it continued to climb
despite the No vote in Sunday's Constitutional reform
referendum.
The FTSE-MIB rose close to the psychologically important
18,000-point threshold.
Analysts said the market had priced in a defeat for Premier
matteo Renzi and his ensuing resignation that has led to a
government crisis, and were keenly awaiting European Central
Bank President Mario Draghi's latest speech on monetary policy
Thursday.
Banking stocks rallied again with MPS up 7.14%, Bper 6.86%
and Unicredit 6.07% up.
Off the boil were Recordati (-1.9%), Moncler (-1.5%),
Luxottica (-1.27%) and Campari (-1.2%).
Other European bourses also rose with Frankfurt 1.55% up,
Paris 1.05% up and London 1.35% up.
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