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Stock exchange: FCA runs after data on US registrations

The stock of the US automotive group leads the Ftse Mib in the morning, driven by the double-digit growth in registrations in November.

Stock exchange: FCA runs after data on US registrations

In Piazza Affari the spotlight is on the FCA stock, which in the mid-morning registers a rise of more than 2% on the Stock Exchange, signaling itself as the best stock on the Italian list.

The data on registrations in the United States gave wings to the shares of the automotive group which, in November, recorded a growth of 20% on an annual basis, to 172 units, against a car market that increased by 5 %. Driving the overall result were, in particular, the sharply growing sales of Ram, Jeep and Chrysler.

Several analysts, including Intermonte, have commented positively on the sales performance of the group born from the merger of Fiat and Chrysler. Results that cast a positive light on FCA's fourth quarter and on the entire 2014 guidance.

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