Share
by Fabrizio Patti June 17, 2020 Sitting in the sign of uncertainty for the Milan stock exchange: at the opening it was about 1 percent saliva, now it marks + 0.22%, during the morning it also went into negative territory. The other European stock exchanges maintained the plus sign, even if the climb is lower than yesterday's exploit: London + 0.57%, Frankfurt + 0.51%, Paris + 0.92%.In Milan, all the main sectors have slowed down the race. The industrial sector fell by half a percentage point around parity. Today, Acea's data on car registrations in Europe in May were disclosed. -52% on average, -55% for the Fiat Chrysler group.
Order data and turnover for industry also published. In April compared to March a decrease of the order of 30% for both items, while the annual variation is almost 50%.
Among the stocks today the best is Recordati (+ 4.6%), which received a positive evaluation from Goldman Sachs.
Tim also performed well (+ 1.9%), after yesterday the Australian fund Macquarie launched an offer for 50% of Open Fiber in the hands of Enel. This is in view of the creation of a single network company formed by Tim and Open Fiber.
Atlantia was bad (-1.43%). In this case, the words of Prime Minister Conte, who told the online newspaper Fanpage that "the settlement proposal of Autostrade per l'Italia is not acceptable by the government" and that the dossier on the revocation of the concession must be closed.
Bper also fell (-1.18%), which will have to launch a capital increase for the purchase of Ubi branches as part of Intesa Sanpaolo's offer for Ubi itself.