Stock Exchange: Milan optimistic (+ 2.1%) with the rest of Europe, bad Tim

Noovle: thanks to the Cloud development and inclusion for the economy (ANSA)

(ANSA) – MILAN, DEC 06 – Optimistic session for Piazza Affari (+ 2.1%) at the beginning of the week, as for the other main European stock exchanges, which, according to some analysts, seem to have allayed fears about the new Omicron variant of the Covid 19. The BTP-Bund spread fell to 126.7 points, with the Italian ten-year yield falling to 0.87%, favored, as highlighted by analysts, by the promotion of Fitch for Italy, with the rating raised in the weekend from BBB- to BBB, with stable outlook.

In Milan, utilities stand out, from Italgas to Hera (+ 3.6% both). Pirelli was equally good (+ 3.6%), particularly in Cnh form and for Stellatis cars (+ 3.4%). Earnings for banks, starting with Bper and Intesa (+ 3.1%), Banco Bpm (+ 3%), Fineco and Unicredit (+ 2.7%). In clear contrast to Banca Intermobiliare (-5.3%). Oil is up, from Saipem (+ 2.4%) to Eni (+ 2.3%) and to Tenaris plants (+ 1.4%), with crude still rising (wti + 3% in the evening) at 68.2 dollars a barrel and brent at 71.8. Gas in Europe rose, with prices at 89.9 euros per kWh in Amsterdam (+ 0.5%).

Black jersey of the main Diasorin list (-2.4%), while the pharmaceutical sector in Europe is almost all positive.

Male Tim (-1.3%), awaiting the appointment of advisors to evaluate the offer of Kkr, better the subsidiary Inwit (+ 0.7%).

Amplifon is down (-0.2%). (HANDLE).

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Source From: Ansa

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