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Finmeccanica, the stock market rally continues

Rise of more than 7% in the last three sessions – The shares benefited today from the news that the subsidiary Alenia Aermacchi has reached an agreement with the unions for the relocation of 178 employees from Capodichino to Atitech.

Finmeccanica, the stock market rally continues

Another day in the spotlight for the stock of Finmeccanica on the Stock Exchange, which at the end of the morning gained 2%, to 12,19 euros, scoring one of the best increases in the Ftse Mib. The upward trend therefore continues, after the +2,96% recorded by the stock on Tuesday and the +4% achieved yesterday. Since Monday's close, therefore, the performance has been positive by more than 7 percentage points. 

Finmeccanica shares benefited today from the news that the subsidiary Alenia Aermacchi has reached an agreement with the unions for the relocation of 178 employees from Capodichino to Atitech

According to Banca Akros analysts, this is "positive" news, even if it has a "limited" impact, given that "the restructuring of the Capodichino plant will allow Alenia to move the production of the C-27J cargo to Turin Caselle, a move that should ensure significant increases in efficiency”. 

The performance of the Finmeccanica stock also appears ignore the postponement of the closing of the sale of Ansaldo Sts and Ansaldo Breda: as reported by the newspaper La Repubblica, the closing of the operation could be postponed to the end of the year due to the long examination conducted by the Chinese antitrust authorities.

The latter is "negative" news, admit the Akros experts, even if it is already "discounted" by the market.

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