Borsa: Milan accelerates, on Tim and Tiscali shields

Balances start, turnover of 4.2 billion (ANSA)

(ANSA) – MILAN, 03 JAN – 2022 has a positive sign for Piazza Affari, which expands the rise with the Ftse Mib up by 1.15 percent. Tim leads the main list with an increase on the threshold of 3% (+ 2.99% to 0.45 euros), awakened by the words of the president of Cdp Gorno Tempini. “Broadband is at the center of attention,” he said in an interview with Sole 24 Ore over the weekend, relaunching the theme of the single network. “We believe that the advent of the PNRR, where digital is one of the key aspects, makes the design of a single network even more important today, without duplication of investments”.

Nexi (+ 2.7% to € 14.37) and Intesa Sanpaolo (+ 2% to € 2.3) are also on the shields. The spinoff and the debut of Iveco (traded at 10.7 euros) weigh on CNH which trades at 15.23 euros (-10%).

Outside the main list Tiscali fails to make a price, the theoretical increase is 20% after the green light for the merger by incorporation project of Linkem Retail, a merger that will give birth to the fifth telecommunication operator in the Italian fixed market and first in the segment of ultrabroadband accesses in FWA (fixed wireless access) and FTTH (fiber to the home) technologies with an overall market share of 19.4%. (HANDLE).

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Source From: Ansa

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