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In December 2024, the Italian equity market faced challenges, with the FTSEMIB down 3.2% amid disappointing corporate forecasts and geopolitical shifts following Trump's election. Mergers and acquisitions in the banking sector accelerated, particularly with UniCredit's moves on Commerzbank and Banco BPM, while European economic growth showed signs of weakness, prompting cautious investment strategies focused on utilities and select financial stocks.

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