Uncertainty returns to the European stock exchanges after a few days of positive trend. The new restriction measures weigh on the price lists due to the spread of infections from Covid. Fortunately, for now, these limitations seem to concern only the main capitals and not the entire country.
Fluctuating trend also for the Milanese price list. But in an uncertain stock market, a stock that keeps Piazza Affari afloat is exalted with a decisive bullish spurt. Here is the analysis of the Experts of Stock Exchange Projections.
Milan held
The Milan stock exchange followed the uncertainties of the other European stock exchanges, but closed up, albeit slightly. Prices held and at the end of the session the Ftse Mib (INDEX:FTSEMIB), finished up 0.2% at 19,607 points.
It was a bit of a troubled session with the index that attempted to recover ground at the start, even reaching over the 19,700 points threshold. Then prices started to fall again around noon, to pick up some altitude in the early afternoon. But Wall Street’s weak opening sent the FTSE back down.
In an uncertain stock market, a stock that keeps Piazza Affari afloat is exalted with a decisive upturn
Among the shares, once again the banks showed a certain weakness, which in fact curbed the ambitions of the Italian stock exchange. Unicredit closed down 0.3%. The indiscretion that Padoan, former minister of the economy, as president of the Bank wants, has not warmed investors. Intesa lost about 1%. Slight rebound for Banco BPM.
If the banks are moving in uncertainty, today the Atlantia stock has moved very decisively. The share has registered a jump of 9% thanks to the indiscretions that see a favorable solution on Aspi for the Benetton group. We can say that the stock’s performance today kept the stock market afloat.
The stock opened in a gap and pushed up to € 14.7, a level it had not seen since the beginning of September. If the title continues in the race, it could reach up to € 15.8, the top it reached in the session on 2 September.
What is certain is that the longer the soap opera with the Government gets longer, the more Atlantia’s position is strengthened.
Deepening
To know the multidays analysis and the point of view of the international markets of the ProiezionidiBorsa Study Office, click who.
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