Autostrade sinks into the stock market after the Consulta

2020-07-09T10:39:59.905Z

The title of Atlantia, owner of Autostrade per l'Italia, is under observation after the ruling of the Constitutional Court which considered the exclusion of the Benetton company from the reconstruction of the Morandi bridge to be legitimate. Halfway through the session, the stock lost 8%, during the morning it dropped by over 9%. In the last month -16%, from the beginning of the year by 37%, while the Ftse Mib overall drops by 15%. The Ftse Mib index of the Milan stock exchange drops by half a percentage point. Among other exchanges, Paris, London flat -0.6%, while Frankfurt rose by more than 1 percent, driven by the good quarterly results of the software company Sap. Among the sectors in Piazza Affari generalized declines, more accentuated for industrial stocks (-1.4%). On the other hand, construction and construction sector stocks rose (+ 1.45%). Rises continued in Asia. Shanghai, + 1.39%, + 9% from Monday morning. A trend that seems driven by a strong influx of small investors. Growth continues despite international tensions. Today the Australian government has advised its citizens not to travel to Hong Kong due to the new security law. Yesterday Wall Street also climbed, although Covid cases remain very high. The Nasdaq, the list of technological stocks, yesterday hit its historical highs for the fourth day in a row. Futures on the Dow Jones index are slightly down, while those on the Nasdaq are rising.