Home » At Piazza Affari, Recordati and Intesa Sanpaolo start at a high speed, bad for Enel

At Piazza Affari, Recordati and Intesa Sanpaolo start at a high speed, bad for Enel

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Piazza Affari without verve at the start of the octave. The Ftse Mib index, which rose sharply in the last few sessions (+ 1.29% at the close on Friday), moved down by 0.04% to 25,114 points after the first few minutes of trading. Among the individual stocks, we note the decreases of Pirelli (-0.35%), Italgas (-0.46%) and Enel (-0.53%). On the other hand, Snam (+ 0.69%) and Terna (+ 0.84%) are up. The best at the start is Recordati (+ 1.6%). Among the banks, Intesa Sabnpaolo is doing well, rising by approximately 1 per cent in the area of ​​€ 2.309.

This week we need to monitor the intense season of the corporate quarterly reports which is also starting in Italy. On the central banks front, after last week’s ECB confirmed its very accommodating position, there is expectation for the Federal Reserve’s monetary policy meeting, with investors awaiting any clarification on the timing of the tapering.

The macroeconomic agenda will be rich in the coming days, with second quarter GDP in the US and the euro zone and inflation data in the eurozone. Meanwhile, today, the Ifo index, which measures business confidence, will need to be monitored.

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