Atlantia takes off on the stock exchange: + 25% one month drops recovered

2020-07-15T08:00:14.712Z

Departure with the turbo for Atlantia, after the agreement found in the government on the gradual exit of the company from Autostrade per l'Italia, of which it currently controls 88%. The stock rises 25% in the first few minutes of trading. The drop in the last month is completely eliminated (+0.17). Since the beginning of the year the drop is now 32%, against a performance of the Ftse Mib of -14.50%. Overall, stock exchanges on the rise in Europe: Ftse Mib + 1.20%, London, Frankfurt and Paris lined up at + 0.8%. Yesterday's increase in Dow Jones (+ 2.13%) on Wall Street and Tokyo's Nikkei (+ 1.52%) of the night followed. The Nasdaq also rose by one point after the initial drop. The announcement of the modern company also gave the markets a boost: on July 27 the final test phase for its anti-Covid vaccine will start. The share in closed market trading marks + 16%. Two Fed officials, the US central bank also said yesterday that expansionary measures must be continued to support the economy. How serious the situation was made clear yesterday by the first quarterly reports of large American banks. The results were in the case of JP Morgan and Citigroup beyond expectations but the three banks have set aside $ 28 billion because they expect a wave of bankruptcies in the coming months. The Shanghai (-1.6%) and Hong Kong (-0.2%) stock exchanges were weaker after the American sanctions for Chinese executives who apply the new repressive security rules in the former British colony. Among other stocks in Piazza Affari, Pirelli stands out, + 2.67%. CEO Marco Tronchetti Provera proposed Angelos Papadimitriou as new general manager and co-CEO.