Tenaris is gaining ground in Piazza Affari (+1,7%) pending the details of the energy sector reform project in Mexico. It is possible that the country will open its doors to foreign investors after 75 years of state monopoly. Tenaris realizes 10% of its revenues in Mexico and the approval of the reform would improve the company's prospects, as anticipated by the top management during the presentation of the second quarter data.
Stock exchange: Tenaris rises on Mexico rumors
Tenaris is gaining ground in Piazza Affari (+1,7%) after the news that the Central American country could open its doors to foreign investors after 75 years of state monopoly.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
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