Stock market, Ftse Mib closes up

With a rise in the first session of the eighth, the attack of the Ftse Mib restarts at the threshold of 26 thousand points. Thanks to the rise in utilities (+ 1.33% from Terna, + 1.09% from Hera, + 1% from Enel) and energy (+ 1.38% from Eni, + 1.44% from Saipem and +1 , 46% of Tenaris), the Ftse Mib closed at 25,757.83 points, + 0.16% compared to the previous figure. The energy sector is driven by the new increases recorded by crude oil, on the highs of 32 months above 73.4 dollars a barrel pending the full recovery of demand, while the public utility companies have capitalized the + 9.5% per annum. in May from electricity demand. Day above parity also for Atlantia (+ 0.1%), which signed an agreement with the consortium led by the CDP for the sale of 88% of Aspi. “The Consortium – reports the note released by the CDP – will start an exploratory dialogue to understand the orientation of the minority shareholders of Aspi, who have the right to co-sell, on the remaining 11.94% of the company they own”. In the wake of this agreement, Bestinver has raised the valuation from “hold” to “buy” with a target price that goes from 16-17 to 19-20 euros. In the red, on the other hand, the trio formed by Stellantis (-1.06%), Exor (-1.11%) and Ferrari (-3.3%), with the latter penalized, after the appointment of the new CEO, by the rejection of “Sell” announced by Goldman Sachs analysts. The BTP-Bund spread remained below 100 at 98 basis points (+ 0.7%). (in collaboration with money.it).