At the end of the morning the stock markets are on the rise across Europe. There is growing optimism about the decisions of the Fed that tomorrow evening at 20 pm Italian time, it will finally announce its rate decisions.
A Milan the FtseMib index rose by 0,9%, over 22 thousand points. Behind Paris (+1,2%) but ahead of Frankfurt (+ 0,5%).
Il dollar it is strengthening slightly against the euro, to 1,125, from 1,126 yesterday.
The different speed of the listings is also linked to the driving force of luxury stocks, a strategic sector for the French stock exchange. In Paris lvmh salt by 3,6%. Switzerland Richemont (the world's leading jewelry maker) gained 6,8% after announcing an acceleration in sales in the first five months of the year.
But the real propellant of the upside were the good results of Prada (it scored a 10% rise on the Hong Kong Stock Exchange). In Milan Ferragamo + 3,4% Moncler + 3,6% Yoox + 2,2% Tod’s + 2% Luxottica + 2,2%.
Good earning for too Fiat Chrysler (+1,2%). Sergio Marchionne has signed the pre-agreement to the contract valid for the next four years. Strong rise by Cnh Industrial (+2,9%).
Bene Finmeccanica (+ 1,1%) and StM (+ 1%).
In Piazza Affari it stands out Telecom Italy (+2,1%), after the rumors of the newspaper Les Echos according to which the main shareholder, Vivendi, could increase its share from 15% to 20%.
Mediaset it goes up 2,5% after entry into Finelco, a holding company that owns three nationwide radio stations.
Good rises for oil companies: Eni + 0,7% Saipem + 0,8%. Enel is equal, A2A rises by 1,4%. Among the banks it goes up Understanding (+1,2%). Moderate earnings for Unicredit (+ 0,3%) and MontePaschi (+ 0,3%).
