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Stock Exchange: Ferragamo and Luxottica do well, promoted by HSBC

The shares of the two companies, promoted by the Banca d'Affari, are among the best of the Ftse Mib – Male instead Tod's, which has seen its rating reduced to neutral from overweight.

Stock Exchange: Ferragamo and Luxottica do well, promoted by HSBC

A day of earnings at Piazza Affari for the shares of Salvatore Ferragamo and Luxottica, which by mid-morning showed progress of 2,36 and 1,11% respectively. The two companies – at the moment among the best stocks of the Ftse Mib, which travels in the red by 0,86% – benefiting from the positive opinion collected by HSBC.

The investment bank has started coverage of the luxury house with the overweight recommendation, while upgrading the eyewear company's rating to neutral from underweight.

Bad news instead for Tod's: HSBC cut the judgement to neutral from overweight and the stock on the Stock Exchange loses more than one point.

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