Share

by Marzio Quaglino Milan05 August 2020 Investors buy on the stock exchange and price lists go up, but at the same time they look for gold to protect themselves from possible storms on the markets. The yellow metal has brought down the historic threshold of $ 2,000 a barrel, to reach 2,041. 

On the stock market, with less enthusiasm, we look at the upcoming talks between the US and China on tariffs that could lead to less tension between the two economic superpowers. Milan, after a good start, reduced its earnings and now rises by 0.47%, while the progress of London, Frankfurt and Paris is around the percentage point. 

In the Piazza Affari price list, the half-year accounts reward Telecom (+ 4.75%), while the changes towards the new structure of Autostrade per l'Italia penalized the parent company Atlantia (-4.10%). 

The topic of motorway concessions still in evidence Intesa San Paolo (+ 4.29%), after the half-year accounts presented yesterday in view of the merger with Ubi Banca (3.40%). 

On the foreign exchange market, the weak phase of the dollar continues and the euro rises to the highest levels from May 2018 to 1.1835.