Piazza Affari in red, Enel thud

The indications relating to the Chinese economy, where retail sales and industrial production performed worse than estimates in August, penalized today’s session of the European lists. The weakness of the public utility sector weighed in particular on the performance of Piazza Affari, where the Ftse Mib recorded a -1.02%, stopping at 25,762.1 points. Italgas closed in the red by 1.39%, Terna recorded a -2.09%, A2A a -4.21% and Enel was the stock that paid the heaviest bill with a -5.51%. The news coming from Spain, where the government is drawing up a plan to reduce electricity prices for end users, penalized the energy giant led by Francesco Starace. Among the measures under consideration there is the possibility of making a direct claim against the public utility companies: it is a measure, analysts estimate, which could have a strong impact on the accounts of Endesa, Enel’s Spanish subsidiary. A negative day also for Moncler (-5.16%), Amplifon (-2.41%) and Recordati (-2.63%). Among the best performances we find Stellantis (+ 2.29%), which capitalized on the confirmation of the “buy” valuation with a revision of the target price from 21 to 27 euros by the analysts of Goldman Sachs, and STMicroelectronics (+ 0.25%), favored by the outlook for the coming months of the CEO Jean-Marc Chery. of the renewal of the top management of Generali (+ 0.65%), the non-executive directors welcomed the availability of the CEO Donnet for a new mandate. at 99 basis points. (in collaboration with money.it).