MPS shares soar 7% before closing +1.43%

(ANSA) - Milan, September 26 - Monte dei Paschi di Siena (MPS) bank soared 7% in Monday trading before closing +1.43% at 0.19 euros a share.
    MPS shares were buffeted on expectations about future moves by new CEO Marco Morelli and rumors of interest on the part of funds from Qatar, analysts said.
    Economy Minister Pier Carlo Padoan said last week that Morelli's appointment will "facilitate the realisation" of the struggling Tuscan lender's new industrial plan, "optimal completion of the biggest securitization" of deteriorated credit ever in Italy, and the "development of a renewed and sustainable bank".