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Ftse Mib: Mps exits, head to head Hera-Banca Generali

Friday 17 March will be the last day in the main basket of Piazza Affari for Monte dei Paschi: from Monday 20 March it will probably be replaced by Hera or Banca Generali – The decision tonight.

Whatever happens to Mps in the coming weeks, his adventure in the Ftse Mib will end on Friday 17 March. An inauspicious date, like the fate of a bank with a noble and secular tradition, grappling with the most important crisis in its history. Who will replace Monte dei Paschi in the main basket of Piazza Affari, the one that includes the 40 most capitalized stocks on the Italian market, starting from Monday 20 March?

The official decision will be communicated tonight by Ftse Russell, the company that manages the Ftse Mib, but the rumors indicate a head-to-head between the Bolognese multiutility Hera and Banca Generali, even if twists and turns are not excluded. There are mainly two criteria: the size of the company and its liquidity, and for this reason the two candidates both appear to be consistent, with Hera which according to some would have a very small advantage over its competitor.

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