Debut on the stock market for Deliveroo. Waiting for the US infrastructure plan

2021-03-31T10:29:56.928Z

Last positive day of the month for Piazza Affari, which rose by half a percentage point. March closed with an increase of 8 percent, + 11% in the first quarter. It is less well in the rest of Europe, especially in London, down 0.25%. Today there was expectation for the inflation figure. In Italy it rose from 0.6 to 0.8 per cent. In the Eurozone from 0.9 to 1.3%. Despite this climb, we are still far from the 2 percent target and threshold. The increase is largely due to the energy component. In Piazza Affari, industrial, oil & gas and travel and construction stocks were positive. Construction to which Buzzi Unicem belongs (+ 2.17%), cement producer, best title of the day on the Ftse Mib. It also rises because US President Biden's speech on the $ 3 trillion infrastructure construction plan is expected today. According to rumors of recent days, the president will propose an increase in the tax rate for companies from the current 21% to 28%. Among the other securities of the Ftse Mib, a good Ferrari, 2.15%, higher declines instead for Banco Bpm (-0.88%) and Bper Banca (-1.11%). Today is the day of the debut on the London stock exchange of Deliveroo, a home delivery company. Not brilliant debut. Compared to the IPO price of 3.90 pounds, the stock opened at 3.31 pounds, and then dropped to 2.98%, 23.5% below the IPO price.