EXCHANGES SUMMER THE RISE. MILAN +2,13%
FIAT +3,9% RUNS ON THE TRACKS OF ATLANTIA +5,3%
After a negative start, the Bull returns to lead Piazza Affari and the other European stock exchanges. In mid-morning there was the latest turnaround and the indices took the path of an accelerated rise: at 12 in Milan the FtseMib index rose by 2,13%, London +0,48%, Paris +186 %, Frankfurt +1,40%. It was so absorbed the impact of the Slovak Parliament's rejection of the plan to strengthen the EFSF state-saving fund. A new vote is expected in the next few days and everything suggests that the strengthening of the EFSF will be approved. Investors are likewise not dramatizing the US Senate's decision to block President Obama's $447 billion plan to create new jobs, nor the disappointing results of Alcoa, which kicked off earnings season tonight. of the third quarter on Wall Street with lower data than analysts' expectations.
In Milan, first of all, Atlantia's strong rise (+5,3%) should be recorded following the decision by Morgan Stanley to raise the recommendation to overweight. Great effervescence also for Fiat (+3,9%) on the wave of the strong rebound of the auto sector throughout Europe. Fiat Industrial rises by 0,9%. After the boom of days gone by, thirst session for Unicredit -0,6%. MontePaschi -0,8% and Banco Popolare -0,2% also fell.
Banco Popolare's ordinary and extraordinary shareholders' meeting for the transition from dual governance to traditional governance which envisages a single board of directors has been set for 26 November. Understanding recovery +0.9%. Generali +1,3% and Fondiaria +1,3% gain. Mediolanum leap forward +3,4%. Today the executive committee of Generali will meet with the update of the strategic plan to 2014 and the results at the end of August on the agenda. New sharp decline for Stm (-2,6%). The sales are motivated by the indications coming from Asml, the leading European manufacturer of equipment for the production of chips. The Dutch group judges 2012 "a difficult year on which it is not legitimate to make predictions".
EDISON, FINMECCANICA, IMPREGILO
A TRIS IN THE SPOTLIGHTS
Three cases in the spotlight.: Impregilo rises by 2,8%. Driving the company's stock is the prospect of payment for the work on the Acerra landfill. Finmeccanica advances by 2% in expectation of an immediate sale of Ansaldo Sts. Edison scores +2,5%. After confirmation of the agreement between Edf and the Italian partners, the wait for the price of the "put" on which the tender price will be based is on.
