In the session you do not expect, the result you do not expect arrives. Even if in reality what happened today in Piazza Affari was in the air. It was anticipated by the Analysts of Projections of Bag in this article. And today the Milan Stock Exchange did not disappoint, with a positive session and an accelerating ending. Are we in Piazza Affari on the eve of an event that can change the fate of the market for the next few months? It probably is. Let’s see why.
Seat to be framed for the world stock exchanges
In the last session of the week the rise in the stock markets was unanimous. All stock markets rose. The Asian ones, the European ones and finally Wall Street. Chinese stock exchanges and the Japanese Nikkei 225 index rose more than 2%. In Europe, all the main lists gained well over 1%. The German Dax index rose by 1.4%, Paris by 1.5%, Madrid by 2%, London gained almost 1.2%.
Paradoxically, the Milan stock exchange is the one that has done worse than the others. The Ftse Mib (INDEX:FTSEMIB) gained 1.1% to close at 24,766 points. But prices closed on the highs of the day. Also, at the time of the close of markets in Europe, Wall Street was up sharply, with Nasdaq up 2%.
Important signals are coming from the Milan Stock Exchange for savers
In Milan, the shares of all sectors, banking, financial, industrial, rose. Out of the top 10 blue chips by return today, four stocks made more than 3% gains. Of the top 10 stocks, nine gained 2%. This means that purchases have poured into many stocks without favoring a particular stock or sector. This shows that professional investors are starting to invest heavily on European stock exchanges, including that of Milan.
So, in Piazza Affari, are we on the eve of an event that can change the fate of the market for the next few months? Could be. And this event is the violation of the 25,500 points threshold, which would bring the Ftse Mib to the highs of the last 12 years.
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(We remind you to carefully read the warnings regarding this article, which can be consulted who”)
