Milan bourse still climbing

(ANSA) - Milan, December 7 - 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.