Positive start of the week for Piazza Affari, after a day spent on the swing. After a negative start, in fact, the Milan stock exchange is recovering thanks to the rise in financial, industrial and energy stocks. However, investor concerns remain, due to the Bundesbank’s analysis of the German economy, with signs of recession increasing and inflation forecast to rise to 10%.
The markets, then, are awaiting further decisions by the Fed on interest rates: the day after tomorrow, the meeting of the Federal Open Market Committee, the monetary policy arm of the Washington institution, will end: then there will be more precise indications. According to Matteo Ramenghi, UBS WM Italy chief investment officer, the markets will remain variable, with pharmaceuticals and stocks linked to essential sectors, in addition to the more defensive areas (such as value stocks and those that distribute the highest dividends), which remain privileged for investments.
The Ftse Mib gains 0.14% and closes at 22,140.73 points. The spread between BTPs and German Bunds is around 225 basis points. Tim (+ 2.62%) returns to the main list in Piazza Affari, with the company’s CEO, Pietro Labriola, who bought 270 thousand shares of the company at a unit price of 0.1807 euros each.
For the rest, Cnh (+ 2.93%), Amplifon (+ 2.19%), Banca Mediolanum (+ 1.41%), Iveco (+ 2.00%), Leonardo (+ 1.10%) achieved positive results. ), Moncler (+ 1.38%), Stm (+ 1.36%) and Pirelli (+ 0.97%). Eni, on the other hand, is down (-1.92%), after the company has detached the first tranche of the 2023 dividend, relating to this year. Also down were Saipem (-5.60%), Banco Bpm (-1.07%), Diasorin (-1.38%), Fineco (-1.11%) and Unicredit (-0.45%). (in collaboration with Money.it).