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Milan bourse hits highest since July 2011 on Renzi

1.42% gain on prospect of PD leader becoming premier

14 February, 13:00
Milan bourse hits highest since July 2011 on Renzi (ANSA) - Milan, February 14 - The Milan bourse rose to its highest level since July 2011 Friday on the prospect of Democratic Party leader Matteo Renzi becoming Italy's new premier.

The bourse's bellwether index rose 1.42% to 20,402 points as foreign bank surveys hailed the expected advent of the dynamic, business-friendly and reform-minded PD chief, who would replace party colleague Enrico Letta.

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