The rally of the Mps share continues in Piazza Affari, gaining 6,8% in the middle of the morning, to 0,635 euros, achieving the best rise of the Ftse Mib. Already last week the Sienese bank had been the best blue-chip of the week with a leap of 23,5%.
There are several reasons that encourage operators to bet on Monte's stock. In the first place, the fact that this week the measure on the matter could take shape bad banks of public matrix in which to converge problem loans and non-performing loans. Mps would be the Italian bank that would benefit most from a similar initiative.
The title also benefits from the confirmation that Axa will take part in the next 3 billion euro capital operation. The president of the Foundation Sienese, Marcello Larich, then assured that the institution has the necessary liquidity to face the recapitalization.
Finally, the news released 10 days ago on theentry of the State into the capital of the institute, which will be forced to pay the coupons of the Monti Bonds in shares, equal to approximately 10% of the current capital.
