Saipem's rally continues in Piazza Affari, gaining more than three percentage points at the beginning of the afternoon, achieving the best increase in the Ftse Mib. The stock is steadily rising after that the results of the third quarter communicated last week.
Numbers "that have not disappointed investors", as a broker points out, noting that investors probably realized that the shares were now "a bit undervalued after two profit warnings in less than six months this year".