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Stock market, Mps: endless collapse (-18%)

Flurry of suspensions for the stock - Stock market capitalization plummets to around 1,5 billion euros - The ban on short selling by Consob is not needed - Even the reassurances of CEO Viola are ignored.

Stock market, Mps: endless collapse (-18%)

It does not stop the speculative attack on Monte dei Paschi di Siena Bank. After -14,76% on Monday and -14,3% yesterday, today at the end of the morning the stock of the institution comes to lose another 18,08%, reaching a new all-time low of 0,537 euros per share, before being suspended for the umpteenth time in a volatility auction. The market capitalization thus plummets to approx 1,5 billion euros.

The new wave of sales has unleashed despite Consob has extended the ban on short selling until Thursday (included). on the title. The market has effectively ignored it too the reassurances arrived from the CEO of Mps, Fabrizio Viola, who underlined that the recent stock market performance is in no way justified by the Bank's fundamentals, which are actually improving.   

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