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Growing Italy risk puts equities at deepest discount in 35 years

Growing Italy risk puts equities at deepest discount in 35 years

Wed, Nov 08, 2023

While Italian equities (.dMIIT00000PUS) have historically been cheaper than global peers, their discount has now widened to 50%, the biggest gap since 1988, and has held at that level for a couple of months. This is twice as wide as the average gap seen over the past two decades.

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