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Hera makes its debut in the Ftse Mib of the 40 major stock exchanges

The multi-utility's shares replace those of Brembo, which moved to the FTSE Mid Cap - Nice and Sesa also entered the basket of mid-cap companies, taking the place of Cembre and Ovs

Hera makes its debut in the Ftse Mib of the 40 major stock exchanges

It's relay time on the Ftse Mib. From today, Monday 18 March, Ivy enters the main index of the Italian Stock Exchange, which includes the 40 largest stocks of Piazza Affari by capitalization, liquidity and trading volume.

The entry of the Bologna-based multiutility was determined by the level of capitalization of the free float and the value of the shares traded in the last six months (+52% compared to the 2018 average).

The Hera share celebrates its debut on the Ftse Mib with an increase of 2,84%, to 2,974 euros.

The shares of the multiutility replace those of Brembo, which have moved into the FTSE Mid Cap and are traveling in negative territory this morning (-0,6%, to 10,91 euros) after the 3,1% increase achieved last Friday.

They also entered the basket of mid-cap companies Nice e Sesa, which have taken the place of December e Ovs.

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