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Borsa, Mps: short selling returns and the stock falls

The Sienese Bank stock is the worst of the Ftse Mib at the start of the session, awaiting the results of the ECB tests – Short selling is back today after the interruption on Friday – Odey Asset Management has opened a new net short position on Banca Mps.

Borsa, Mps: short selling returns and the stock falls

Difficult start to the week for the Stock Exchange stock Monte dei Paschi di Siena, which dropped more than four percentage points in early trading, before retracing slightly in mid-morning to -3,2% (0,8245). However, this is the worst fall of the Ftse Mib. Stcaccording to many analysts, MPS is among the institutions that risk the most in sight of next Sunday's Aqr/stress test results.

The wave of sales on the Sienese institute's shares comes after the +4,3% recorded on Friday, when Consob had banned short selling on the stock for the whole day. 

Today we return to the normal trading regime and – according to what emerges from Consob communications – Odey Asset Management has opened a new net short position on Banca Mps.

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