Piazza Affari begins the week with a rise (+ 0.68%) and does better than the other European lists which conclude in no particular order: London drops 0.05% and Frankfurt 0.34%, while Paris rises 0.15% while Wall Street fluctuates around par. In addition to the quarterly reports, investors are looking above all to Wednesday, when the Fed communicates its monetary policy decisions, rather than to the macro data released during the day such as the sale of new homes in the US, which performed below expectations.
In Milan the best performances are of oil and banks, the latter in view of the end of the ECB’s stop on the distribution of dividends, as well as pending the quarterly accounts, which are expected to be positive especially for asset management companies. Saipem was at the end of the day (+ 3.72%), ahead of Tenaris (+ 2.88%), Mediolanum (+ 2.48%), Intesa (+ 2.3%), Azimut (+ 2.12%) and Eni (+ 2.04%). At the bottom of the main basket, on the other hand, remains the company of the Inwit tlc towers, which sells 3.4% penalized by the fact that the amendment for raising the electromagnetic limits was not included in the Recovery Plan decree.