Milan: Banco Bpm suffers substantial losses

(Teleborsa) - Banco Bpm loses a lot of ground as it declines -11.57% in a dismal session.

In the last week Banco Bpm underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.

The general technical context has seriously bearish implications for Banco Bpm, which could see levels driven down towards the 7.663 Euros support area. Against all odds, bullish influences could push prices up to the key resistance level of 8.597.

These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)

(Teleborsa) 04-04-2025 12:30 PM