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by Fabrizio Patti

18 September 2020 Less sign for the Ftse Mib index of the Italian stock exchange, -0.26%, with a slightly negative balance for the week, -0.7%.


In the rest of Europe there is the exception of the Dax index in Frankfurt, + 0.2%.


Today, Borsa Italiana is in the spotlight.

The current owner, the London Stock Exchange, announced that it is negotiating exclusively with the consortium made up of Euronext, which already manages the lists in Paris, Amsterdam and four other countries, and by Cassa Depositi e Prestiti and Intesa Sanpaolo.


These two will join Euronext's shareholding structure, where the French equivalent of CDP is already there.


In the field there were also offers from Deutsche Borsa and Switzerland Six.


In evidence Tim and Enel, involved in the match of the single network for broadband.

After yesterday's drops, Enel recovers (+ 0.1%), Tim still down (-0.17%).


Yesterday press indiscretions had spoken of the European Antitrust's perplexity regarding the creation of a single network.

The European Commission through a spokesperson made it known at the time the matter was not notified to the Directorate-General for Competition.


Among the other stocks, better performances for Diasorin (+ 5%) and Nexi (+ 2%), worse for Atlantia (-2.8%) and Leonardo (-3.4%).


Today is a very volatile day, also for technical reasons, because it is the third Friday of the quarter and a series of derivative products expire.

Investors have to decide whether to roll over or close their positions.

This typically creates significant intraday shifts.


Wall Street yesterday closed lower: growth warnings sounded by the US central bank on Wednesday still weigh.


Meanwhile, oil rises.

Got $ 43 for North Sea Brent.

There has been an attack by Saudi Arabia on OPEC countries that are not complying with the agreed production cuts.

+ 9% the variation of the last week.