Italian Stocks Beat Euro-Area Peers in 2017

Even the threat of political turbulence this year didn’t hold them back

An election this year will keep investors guessing whether Italian equities can continue a rally that made them the best performers among major euro-area benchmarks in 2017. The FTSE MIB Index climbed almost 14 percent last year, the most since 2013, as concern eased about stability in the country’s banking sector. Italy will hold national elections in March, a vote that could lead to a hung parliament and a period of political turbulence.

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