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Stock Exchange: Piazza Affari soars (+2,3%) thanks to bank stocks

The European stock exchanges are trying to recover while in Asia China and Japan close negatively – Milan is the best in Europe with a rise of 2,3% – Bank stocks shine and the FCA stock gains 2,8% after the data on registrations in Europe.

Stock Exchange: Piazza Affari soars (+2,3%) thanks to bank stocks

Foot on the accelerator for all European exchanges with the Ftse-Mib index which at 10,50 gained 2,36%. The Milanese stock market is trying to recover after having lost more than 10% of its value in the last five sessions.

Today the main index of the Milan stock exchange soars, in particular, thanks to the recovery of bank stocks. About two hours after the opening, no Ftse-Mib stock is traveling in negative territory. In particular, Banco Popolare di Milano (+3,8%), Banca Popolare dell'Emilia Romagna (3,7%), Banca Intesa (+3,6%) and Banco Popolare (3,5%) performed well.

A few minutes after starting theTelecom shareholders' meeting, which is expected to be on fire, the shares of the Italian telecommunications group recorded a rise of 3,4%. Excellent rise for the FCA share (+2,8%) after the diffusion of the group registration data in Europe. The listing of the Pininfarina share is still suspended after yesterday's slide.

As mentioned at the beginning, all the other European stock exchanges are also flying, with Paris recording a rise of 2,3% and Madrid Frankfurt rising by 2,1%; +1,6% for London.

Bad day, however, in Asia with the main stock exchanges in the Far East all closing negatively: Tokyo lost 1,68%, Shanghai closed down 0,29% and Hong Kong down 0,17%. 

On the other hand, Shenzhen went against the trend, registering an increase of 1,12%. Seoul (+0,27%) and Taiwan (+0,41%) were also positive.

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