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by Fabrizio Patti June 2, 2020Today the Milan stock exchange is open, for the Republic Day, however, trading on closed markets will not take place.

Opening Ftse Mib + 0.8%, London + 0.5%, Paris + 1.2%. The increases in Frankfurt were more sustained (+ 2.9%), which was closed yesterday for the Pentecost holiday. 

Yesterday was also a positive day in Milan, also thanks to some signs of recovery that came on the manufacturing front in May, with the manufacturing PMI index going from 31 in April to 45 in May. The value is still far below the threshold of 50, which marks the border between growth and contraction.  

Yesterday the rise in Mediobanca led the main list in Milan, after Leonardo Del Vecchio's request to increase to 20% by Delfin. Opening today for the share -0.54%. 
Instead, Cattolica Assicurazioni collapsed yesterday after the Authority's request on the sector for a capital increase of half a billion euros. Today slight recovery, +1.8 percent. 

Among the other Ftse Mib stocks, today increases over 2% for Eni, Moncler and Leonardo. Greater increases for Juventus (-0.25%) and for Diasorin (-1.87%), the title that has had the best performance since the beginning of the year, + 54%. 
Today is still a positive day on the Asian markets: the Shanghai, Tokyo and Seoul indices have risen, which have now reduced the drop since the beginning of the year to 5%. Also rise in Hong Kong. Rumors about China's willingness to stop food purchases from the United States under the January agreements between the two countries are having no repercussions.

Yesterday also on the American stock exchanges, especially the tech stocks, despite the growing protests across the United States. The list of tech stocks, the Nasdaq, rose 6% since the beginning of the year. Today the results of the Zoom video conferencing platform are expected, which has already tripled in value since the beginning of February. 


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