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by Fabrizio Patti

20 October 2021 The Milan stock exchange continues to perform better than the other European stock exchanges, the Ftse Mib index rises by 0.40 percent.

Unchanged London, Frankfurt + 0.08%.

Paris was negative (-0.10%), which was affected by the decline in the luxury sector, after the release of quarterly accounts by the Kering group (-4%).


What makes the difference in Piazza Affari, like yesterday, is the utilities sector, ie energy suppliers and other public services.

They rise (+ 1.81% for the Ftse All Share Utilities sector index) after the press rumors about the will of the Spanish government to take a step backwards regarding the taxation on extra-profits that energy producers are having at this stage .

In the Enel segment + 1.55%, A2A + 1.50%. 


In terms of energy, Falck Renewables, listed in Milan among mid-cap stocks, is in the spotlight: the IIF fund has announced the purchase of 60% of the group, with closing within the first quarter of 2022, which will be followed by a 'Takeover. An operation, explains a note, aimed at supporting further growth in the renewable energy sector. The stock rose by 14%, approaching the purchase price of 8.81 euros per share.



In the US, futures anticipating the opening of Wall Street are flat.

Yesterday the fifth session in a row of increases for the S&P 500 index. The positive trend of the quarterly accounts was influencing: 82% of those presented so far were higher than analysts' expectations.

Yesterday it was the turn of Netflix, Johnson & Johnson and Procter & Gamble.

Today, among others, it's up to Tesla and Ibm.