Starting the week in red at Piazza Affari for Mediaset, which dropped 1,3% at the end of the morning, making it the worst stock in the Ftse Mib outside the banking sector. In any case, today's decline follows the +3,7% recorded at the end of the last session. On the judicial front, yesterday Silvio Berlusconi announced that new documents are arriving which will allow for the submission of an application for review of the Mediaset process.
Analysts are also thinking about the trend of advertising market in Spain, after last Friday the CFO of Mediaset Spain, Javier Uria, explained that the contraction in advertising sales in the television market, back from ten consecutive quarters of decline, has now come to an end and the last quarter of the year should be flat . Thanks to these statements, Mediaset Espana gained almost 5% on Friday.
On the other hand, Equita explains that the trend remains positive after -3% in the third quarter, but it is a worse trend than the +4% estimated by analysts.
