Another session marked by the rise in Piazza Affari, pushed by continuous inflows of investments, which are rewarding all the blue chip stocks a little. Here’s what happened on the Stock Exchange today, according to the Analysis of the ProiezionidiBorsa Research Office.
Piazza Affari continues to be the best in Europe
The bullish run of Piazza Affari continues, which in today’s session was once again the best of the European squares. Today was a day of realizations, that is, many have sold to monetize the gains they have made in the past sessions.
Thus some stock exchanges of the Old Continent closed in red. It happened to the German Dax index, which ended up fractionally down by 0.02%. It also lost the London Stock Exchange, down 0.6%. On the other hand, the Madrid and Paris lists rose, but marginally, by 0.2%.
The Milan Stock Exchange still stands out above all. The blue chip index, the Ftse Mib (INDEX:FTSEMIB), finished at 22,303 points, up 0.7%. The session, if it ended well, did not begin in the best way.
The reason that allowed the Milan stock exchange to continue rising today
Prices, after a sprint start, began to lose ground. The index dropped to test support at 22,000 points and then rebounded. A movement that we had anticipated in today’s analysis in the usual way forecast article at the opening of the markets.
The achievement of 22 thousand points stopped sales and triggered purchases again. And from that moment the Milan stock exchange went up until the end of the day. Only slowed for a short time when Wall Street opened weak.
Interestingly, there is a rotation in stock performance among blue chips. Each session alternates the titles that make the best performance of the day. This means that purchases are spread evenly across almost all blue chips.
This is the reason that has allowed the Milan Stock Exchange to continue rising today, despite the fogging of bankers. After the tears of the first two weeks, prices now seem to rise regularly. This is an excellent signal for the continuation of the uptrend.
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