Stock Exchange: Milan in cautious rise (+0.2%), sales on Unicredit and Tim

Energy, Giancarlo Giorgetti:

(ANSA) – MILAN, 12 JAN – The Milan Stock Exchange after a positive start, slows down and flattens out with the Ftse Mib which marks a + 0.2% at 27,545 points. Sales on Unicredit (-2.1%) ended up under 14 euros while rumors indicate it among those interested in the Russian Otkritie. Jefferies believes that any acquisition would be met with caution and skepticism by investors due to the complicated political situation and the size of the potential transaction. Downturn also for Tim (-0.95%) awaiting the 21 January Board of Directors for the appointment of the new CEO.

Always under the Carige lens, which is aligned (-0.16% to 0.794 euros) to the 0.80 euros of Bper’s offer (-0.7%). While the pace of Popolare di Sondrio (+ 2.5%) given by the market as a further piece of a third banking center under the direction of Unipol is also confirmed today (+ 0.63%). Among the other stocks, Diasorin (+ 1.8%), Nexi (+ 1.3%), Eni (+ 1.34%) stand out, with oil still rising (WTI is $ 81.7 per barrel) . The spread between BTP and Bund is back to 134 points with the Italian ten-year yield stable at 1.3 percent. (HANDLE).

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Source From: Ansa

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