Milan stock exchange rises 12.62%, cocoa surges, M&A activity soars

Press Hub UCapital

Share:

The Milan Stock Exchange rose 12.62% this year, with Unicredit as the most traded stock. Cocoa saw a record surge of +150% due to rising demand and bad weather. Italy also experienced a strong year for M&A, with 15 deals over 1 billion euros and 1,369 transactions totaling 73 billion euros.

Milan stock exchange performance

Milan stock exchange closed its performance since the beginning of the year with a +12.62%, ranking third among the best markets in Europe. Two curiosities deserve mentioning. Unicredit was the most traded stock on the Milan stock exchange list, both in terms of contracts (over 5 million) and in terms of value (78 billion euros).

Commodity fluctuations: cocoa's surge

The past year has been characterized by various geopolitical issues but also strong and sudden fluctuations in value in the field of commodities. Among them, cocoa was the protagonist. With a continuous and unprecedented surge in 2024, it reached +150% of its value. This result was achieved due to a relentless increase in global demand for the raw material needed for production but also due to severe weather conditions in the main geographical areas of production.

M&A activity in Italy

About M&A for the Italian economy it was a golden year. In the past year, 15 M&A deals worth more than 1 billion euros were concluded in Italy, compared to a total of 1,369 transactions with a total value of 73 billion, amounting to +91% compared to 2023. Among these, the main transaction concluded was the acquisition for 1.42 billion euros of Optics BidCo , controlled by the KKR fund, by Tim NetCo. Foreign operators closed 417 deals in Italy for 34.8 billion, among others the acquisition of Saras, owned by the Moratti family, by Dutch VITOL for 1.5 billion euros, while Italian operators closed 246 acquisitions abroad for 28 billion.