Milan bourse value up 22.7% in 2017 (4)

Up to 37.8% of GDP

(ANSA) - Milan, December 29 - The value of shares on the Milan bourse rose 22.7% to 644.23 billion euros in 2017, Borsa Italiana said Friday. The stock value was therefore now equivalent to 37.8% of GDP, compared to 31.8% last year, it said. The blue-chip FTSE Mib index rose 15.5% over the year and the FTSE Italia All Share index gained 17.2%.
    In 2017 32 IPOs raised a total of 5.4 billion euros, Borsa Italiana said.
    In addition, there were 11 capital hikes that raised a total of 14 billion euros, it said.