Danieli's shares are in ralli in Piazza Affari, gaining 5,52% in the mid-morning, to 22,55 euros, with over 40 shares traded against the 5-day average of around 57 shares in an entire session. In the same minutes, savings shares rose by 4,52%, to 14,79 euros. These are two of the best rises by Borsa Italiana.
The wave of purchases on the shares of the steel plant manufacturing company was triggered by the news of a new order: Danieli will participate in the construction of a steel plant in Algeria providing machinery, automation system and construction assistance.
“The order represents around 30% of the total estimated order intake for the year – writes an Italian broker –, giving greater visibility to the results of the Engineering division”.
