The rally continues on Asian exchanges. Atlantia sinks in Milan

2020-07-09T07:48:38.578Z

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. Yesterday Prime Minister Conte announced that a decision on the revocation of the concession is imminent. At the start, the stock drops by 5.2%. Yesterday -2.49 percent. Since the beginning of the year the drop is over 30%. The Ftse Mib index of the Milan stock exchange at the opening marks + 0.2%. The largest increase in Frankfurt: +, 88% for the Dax. London -0.19%, Paris + 0.08%. Banks, the automotive sector and construction-related securities are among the positive sectors in Piazza Affari. Just below parity, oil and utilities stocks. Rises continued in Asia. Shanghai, + 1.39%, + 9.5% from Monday morning. A trend that seems driven by a strong influx of small investors. The not too reassuring precedent is that of 2015, when the bubble then deflated. 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 technology stocks, yesterday hit its all-time highs for the fourth day in a row, driven by Amazon, Apple and Microsoft, all rising by more than 2%.