At the end of the morning, the Telecom Italia share travels to the bottom of the Ftse Mib, leaving 1,4% in the field, while Piazza Affari fluctuates around parity. The sales on shares are explained as profit taking in the aftermath of Board that has indicated the way for the spin off of the network, updating to next May 30 for the final decision.
Also weighs the downgrade arrived yesterday by Standard & Poor's, which yesterday cut Telecom Italia's credit rating to BBB on concerns about leverage and shrinking margins. In the last session, the Telecom Italia stock had in any case lost half compared to the main index (-1,66%).
