Sunny day at the Milan Stock Exchange for Italcementi shares, which at the end of the morning gained just under five percentage points, to 4,898 euros. The monthly performance of the shares is clearly positive (+17,29%), contrary to that on a half-yearly (-28,08%) and annual (-7,33%) basis.
Today's purchases were triggered by the latest numbers from the construction sector. this morning theIstat he announced that in October production showed growth of 3,2% on the month, finally reversing the trend after the negative peak in September. However, both the October figure over the year (-4,3%) and the trend balance for the last ten months (-7,2%) remain in the red. Istat also specifies that "on average for the August-October quarter, the index increased by 0,9% compared to the previous three months".
Even more encouraging signals come from the European sector. Also this morning, in fact, Eurostat communicated that in October construction in the Eurozone saw production grow by 1,3% compared to September (when there was a drop of 1%), while on an annual basis the progress was equal to 1,4, 28%. In the EU0,4, on the other hand, growth stood at 1,4% on the month and XNUMX% on the year.
