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FTSE MIB price hits 4-week high as Italy carefully reopens for business

By: Invezz

FTSE MIB is on the way to record the third consecutive day with gains as Italy’s benchmark index recovers after printing a 7-year low in March. Italy has reopened its restaurants, shops and cafes this week as serious concerns over the state of the economy still persist. Fundamental analysis: Reopening starts The Italian government has allowed restaurants, cafes, museums and shops to reopen this week after almost three months in lockdown. However, the new rules seem too strict for the owners, who are struggling to operate their businesses in the new environment.  “One step at a time, with caution and

The post FTSE MIB price hits 4-week high as Italy carefully reopens for business appeared first on Invezz.

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