Home » Milan roars to + 2.2% before the Fed. Stellantis soaring (+ 4.8%), Bper leads Ftse Mib banks rally

Milan roars to + 2.2% before the Fed. Stellantis soaring (+ 4.8%), Bper leads Ftse Mib banks rally

by admin
  1. Home ››
  2. News >>
  3. News Italy ››


FACEBOOK
TWITTER
LINKEDIN

Piazza Affari is running today with increases of over 2% under the pressure of banks and oil stocks. The Ftse Mib closed + 2.27% at 26,619 points, finding support in the positive tone of the US markets awaiting the Fed tonight. While the Fed is not expected to make any changes today, it should provide more details on the tighter policy expected in the course of 2022, possibly as early as March.

Among the individual stocks of Piazza Affari, those of the Agnelli galaxy stand out with Stellantis at + 4.83% and CNH at + 4.34%. Oil stocks (+4.46 Tenaris, + 3.68% Saipem and + 2.98% Eni) are making the big voice, under the pressure of oil. Brent rose above $ 90 a barrel in the afternoon, a new 7-year high.

The positive momentum of Unicredit is confirmed among the banks (+ 3.61% to 13.65 euros) pending the quarterly accounts arriving on Friday. Intesa also did well at + 3.03% and above all Bper (+ 4.56%).

STM also performed very well (+ 3.13%) in the wake of Texas Instruments’ accounts and guidance beyond expectations. Finally, Leonardo recovered well today (+ 1.77%), yesterday slipping by 5% on the rumors related to the problems related to the Eurofighter maxi-order in Kuwait. Supporting Leonardo today was Lockheed Martin’s compelling outlook.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy