Milan — Strong sales of Ferrari’s Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a record high.

Ferrari’s Milan-listed shares rose as much as 7.4% to an all-time high of €155.15  (R2,556.12) after it reported “solid” third-quarter results, and were up 6.1% by midafternoon. ..

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