Mps: Waiting for the new hub, private members return
Waiting for the new hub, private members return to Monte dei Paschi di Siena
The new hub is still awaited, but in the meantime private members are returning to Monte dei Paschi di Siena. This is what emerges from the latest data on the shareholding structure of the Sienese bank, which show a significant increase in the weight of private investors in recent months.
In detail, as of June 30, 2023, private individuals held 10.6% of Mps shares, up from 8.9% at the end of 2022. This increase is mainly due to the entry of new investors, who have taken advantage of the recent decline in the bank's share price.
The return of private investors to Mps is a positive sign for the bank, as it demonstrates renewed confidence in its future prospects. This confidence is also reflected in the recent rise in the bank's share price, which has gained over 20% since the beginning of the year.
The new hub is still awaited
The new hub is still awaited, but in the meantime private members are returning to Monte dei Paschi di Siena. This is what emerges from the latest data on the shareholding structure of the Sienese bank, which show a significant increase in the weight of private investors in recent months.
In detail, as of June 30, 2023, private individuals held 10.6% of Mps shares, up from 8.9% at the end of 2022. This increase is mainly due to the entry of new investors, who have taken advantage of the recent decline in the bank's share price.
The return of private investors to Mps is a positive sign for the bank, as it demonstrates renewed confidence in its future prospects. This confidence is also reflected in the recent rise in the bank's share price, which has gained over 20% since the beginning of the year.