4 events have upset the balance of Piazza Affari and these 4 titles have collapsed

4 events have upset the balance of Piazza Affari and these 4 titles have collapsed
4 events have upset the balance of Piazza Affari and these 4 titles have collapsed

The first session of the week on Piazza Affari follows 4 consecutive days of price increases. The Milan Stock Exchange has shown signs of awakening in the last few sessions and confirmations were expected from today. Various news today have profoundly influenced the price trend of our list, pushing up some stocks and penalizing others. In particular, 4 events have upset the balance of Piazza Affari and these 4 titles have collapsed.

The Milan Stock Exchange on Friday 15 October ended one step away from the annual record. The major Ftse Mib index on that date reached a daily high of 26,550 points, a step away from the annual high of 26,687 points. The hypothesis of a price correction today was probable. After last week’s strong rally, there was a chance that sales could take place today. Our Analysts have explained the reason in this article: “Beware of these 2 possible scenarios that this week could occur in Piazza Affari”.

4 events have upset the balance of Piazza Affari and these 4 titles have collapsed

Four news items influenced the performance of Piazza Affari in the session of Monday 18 October. Two of these news also affected the European stock exchanges and the start of trading on Wall Street. Today, some important blue chips, including Generali, Unipol, Intesa Sanpaolo and Mediolanum, were detaching the dividend coupons. In general, the bonds on the ex-dividend date suffer a strong depreciation. This rule also occurred for the 4 shares mentioned which, not surprisingly, were among the 4 worst blue chips. Among these, the very heavy decline in Mediolanum stands out, losing more than 7.3%.

But if today some stocks have sunk under the coup of the coupon detachment, others have shot upwards. Banco BPM, Banca Generali and BPER Banca are the best 3 blue chips on the Milan Stock Exchange, thanks to their entry into the ESG MIB. The ESG (Environmental, Social and Governance) MIB is the new index of Piazza Affari. The new basket brings together the largest capitalization equities from our list with the best ESG practices.

However, the rises in these stocks failed to offset the losses of the other blue chips. Thus at the end of the session the Ftse Mib index (INDEX: FTSEMIB) fell by 0.8%, closing at 26,268 points.

The two news that have sunk the European stock exchanges

Two other news items, in addition to those reported, have created concern among operators and pushed sales also on European markets. The first news concerns the growth of Chinese GDP which in the third quarter had the smallest increase in the last 12 months. The second piece of news concerns the oil rush which shows no signs of stopping. WTI crude oil on the US stock exchange exceeded $ 84 a barrel, the highest since 2014. The combination of the two news pushed the main European markets down moderately.

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(We remind you to carefully read the warnings regarding this article, which can be consulted WHO”)

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