Ftse Mib opens June in decline, bad for Saipem and TIM

Ftse Mib opens June in decline, bad for Saipem and TIM

Stock Exchange weak today. The Ftse Mib index closed -0.9% at 24,283 points. Among the big names in the Milanese market, Saipem’s -4% stands out. Ferrari, Recordati and Campari also fell sharply, with drops of around 2 per cent. Male Unicredit with -1.7%. Among the worst TIMs (-3.49%) after the increases of recent days in the wake of the formalization of the agreement for the launch of the single Tim-Open Fiber network. Arnaud de Puyfontaine, ceo of Vivendi, has sat on the Telecom Italia board since December 2015 in a long interview with “La Repubblica” on this issue. “I think that creating a single network is the option that would potentially create more value for Tim; but if the real value is not recognized, given that we are a long-term industrial investor, we are ready to consider other options capable of disclosing everything. the potential of Tim in the interest of all stakeholders “, said Arnaud de Puyfontaine who said he was ready to work alongside the CDP for the single network, as long as the evaluations do justice to Tim.

Little move Snam (-0.26%) which purchased a floating regasifier from Golar LNG for 350 million dollars.