Piazza Affari begins the last session of the week just above the parity sustained, as for the main European stock exchanges, by the good indications from the United States and by the prospect that the Biden administration will continue with the fiscal stimulus. In Milan, the Ftse Mib index remains above 25 thousand points, showing a modest increase of 0.10% (yesterday it closed at 25,056 points, up 1.12%).
In the first rows of the main list of Piazza Affari, Nexi is positioned with an increase of just over 1%, followed by Leonardo (+ 0.99%) who yesterday announced the strategic alliance with the Maire Tecnimont group for the realization of new generation industrial plants in Italy and abroad. This is an agreement aimed at supporting the evolution of the production fabric through the design of new generation greenfield and brownfield plants for the transformation of natural resources and green chemistry, providing integrated cyber security solutions and for the digitization of operational processes.
UnipolSai and Unipol were also positive, showing gains of just under 1 per cent. Among the stocks of Piazza Affari, Cattolica should be monitored, which jumped by more than 11% after publishing the quarterly report, which closed with a better operating result than ever and a group net profit tripled. On the agenda the meetings of Poste and ENAV. Finally, on the issues front, today the Treasury will offer BTP and CCTEU up to 8.5 billion at auction.
Among the appointments on the agenda today, US President Joe Biden is expected to present his draft budget for the fiscal year that begins next October 1, for the first time since his arrival at the White House in January. A project that, according to the New York Times, involves 6,000 billion dollars (4,925 billion euros) of expenditure. Again with regard to the United States, the trade balance, household incomes and expenses and the core PCE are on the way, an indicator of the price trend kept under observation by the Federal Reserve to define its monetary policy. As for the Eurozone, various confidence indices will be published, while Draghi and Merkel will open the proceedings of the Global Solution Summit.