Business Square opens the week in sharp decline. The Milan Stock Exchange loses 1,70% at 9,45 today: down, among others, the shares of Yoox (-2,75%), FCA (-2,71%) and Saipem (-2,65% ). Meanwhile, the title of Banca Mps is suspended. The shares of the Sienese bank fail to make a price this morning on the very day on which thecapital increase of 3 billion euro. The Mps title register a theoretical upside close to 20% after the share price was adjusted to 1,923 euros. The price for the rights, suspended due to excess reduction (-13,62%), is 7,525 euros.
Meanwhile, the Consob, after his ok to the capital increase, specified in a note on Friday 22 May that he will supervise the operation since "this circumstance - reads the communication from the Guarantor - determines the risk that during the offer period of the new shares price anomalies occur, consisting in an overvaluation of the market price of the shares with respect to their theoretical value".
