Stock Exchange: Milan confirms its rise (+ 0.35%), Saipem sprint

(ANSA) – MILAN, MAY 26 – Piazza Affari confirms its positive outcome at the mid-session finish, with the Ftse Mib index growing by 0.35% to 24,330 points while the spread between German BTPs and Bunds drops to 195.5 points basis, with the annual return down 3 basis points to 2.916%. In light Saipem (+ 5.74%), pushed by the analysts of AlphaValue. Banca Generali (+ 2.37%), Azimut (+ 1.9%) and Mediolanum (+ 1.92%) also did well, together with Pirelli (+ 1.63%), Iveco (+ 1.45%) and Leonardo (+ 1.34%). In contrast to Stm (-0.99%) with Apple’s estimates on the production of the iPhone, which will remain at 220 million pieces against the 240 million expected by analysts. A negative sign also for Buzzi (-0.78%), Terna (-0.65%), Campari (-0.52%) and Poste (-0.12%). The banks Intesa (+ 0.25%), Unicredit (+ 0.17%) and Banco Bpm (+ 0.16%) did not move.

Tenaris did well (+ 0.94%) with crude oil rising (Wti + 0.64% to 111.05 dollars), while Eni did not move much (+ 0.37%). Among the smaller capitalization stocks stand out Pierrel (+ 5.75%), Juventus (+ 4.93%) and Sogefi (+ 4.89%). On the other hand, Alerion (-5.1%) and Algowatt (-3.6%) weigh. (HANDLE).

Source: Ansa

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