Italy
Ten Italian Stocks Offer Potential Investment Opportunities
The Italian equity market is one of the hardest hit markets in the world this year due to the European debt crisis and Italy’s own fiscal crisis that came to the forefront of investors’ attention this week. The FTSE MIB, Itlay’s benchmark equity index is down well over 20% YTD. However with the current Prime [...]
The Top 10 Italian Companies By Market Cap
The table below lists the Top 10 Italian companies based on Market Capitalization including the ADR ticker if available: S.No. Company Market Cap as of July 15, 2011(in US $ Billions) Industry Name ADR Ticker 1 Eni SpA 87.6 Oil & Gas – Integrated E 2 Enel SpA 53.4 Electric Utilities ENLAY 3 Intesa Sanpaolo [...]
Why Italy is Lagging Behind?
Italy is making headlines in the past few weeks after the Greek crisis settled down at least temporarily. Part of the PIIGS list of countries, Italy has the second highest debt load at 119 % of the GDP while Greece leads the Euro zone at 142% of GDP. The population of Italy is about 61 [...]
Intesa Sanpaolo: An Italian Bank Worth a Look
Italian bank stocks fell heavily on Friday.Trading in some banks was suspended due to high volatility in the Milan Stock Exchange. From Italian Banks Sidestep Debt Crisis, Not Vice Versa in The Wall Street Journal: MILAN—With virtually no exposure to Greece and other peripheral euro-zone countries, Italian banks have seemed relatively immune to Europe’s debt [...]
The 10 Most Profitable Italian Companies
The 10 most profitable publicly-listed Italian companies that appear in the Forbes Global 2000 list for 2010 are listed below: Rank Company Industry Sales ($bil) Profits ($bil) 1 ENEL Utilities 91.87 7.74 2 ENI Oil & Gas Operations 121.01 6.27 3 UniCredit Group Banking 92.17 5.59 4 Intesa Sanpaolo Banking 50.71 3.56 5 Telecom Italia [...]
Two Ways to Invest in Italy
US-based investors looking to invest in Italian companies can take the ETF route as only a few companies from there are listed as ADRs. Two ETFs that are focussed on Italy are available. One is the iShares MSCI Italy Index Fund (EWI) and the other is the NETSâ„¢ S&P;/MIB Index Fund Italy (ITL).No closed-end funds [...]
