Stock Exchange: Milan optimistic (+ 2%) with oil, Saipem flies

Optimistic weekend session in Piazza Affari (+ 2%), on the 79th day of the war in Ukraine, with oil in great shape, starting with Saipem (+ 9.2%), to continue with the plant engineering of Tenaris (+ 3.7%) and with Eni (+ 2.1%), while crude oil rose sharply in the evening (Wti + 4.1% at $ 110.5 a barrel and Brent at $ 111.4) . Earnings for pharmaceuticals, from Diasorin (+ 6.3%) to Recordati (+ 3.6%), very good Stm (+ 6%) among semiconductors, already up the day before with the update of the targets to 2025 -2027, strong Amplifon (+ 5.9%), Interpump (+ 4.3%), with the quarterly, Cnh (+ 4%), among the Stellantis cars (+ 3.8%), in the luxury Moncler (+ 3.4%).
The majority of banks were positive, with Fineco (+ 3%) brilliant, less Intesa and Unicredit (+ 0.5%), flat Bper (+ 0.03%), in red Banco Bpm (-0.7%) and Mps (-0.9%), while the BTP-Bund spread closed up at 190.4 points, with the Italian ten-year yield rising to 2.848%. Among the investment banks, Banca Generali rose above all (+ 2.8%) with accounts. Tim is up (+ 1.5%), announced the day before the commercial agreement with Open Fiber for the white areas. Webuild run (+ 3.9%), the day after the quarter’s data.
Few shares in the red, with a crash by Unipol (-8.2%) with the quarterly report, losses for Inwit (-1.2%) and for paytech Nexi (-0.7%), the day after the accounts . Among the smaller capitalization stocks, rallies by Carel Industries (+ 13.6%) and Biesse (+ 11.5%). (HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular