Stock Exchange, Ftse Mib closed positively

Piazza Affari closes slightly above parity. After the maximum since 2008 achieved by inflation, today also the update relating to US producer prices has shown a trend above the estimates: in June the PPI (Producer Price Index) grew by 1% monthly and by 7.3% per annum. From the quarterly front, positive indications, after those arrived yesterday from JPMorgan and Goldman Sachs, emerged from the numbers of Bank of America, Blackrock, Citi and Wells Fargo which, in the second quarter, respectively recorded profits of 9.2, 1.55 , 6.2 and 6 billion. As with the data released yesterday, a decisive boost came from the release of the reserves previously set aside in view of credit losses. In Piazza Affari, where the Ftse Mib stopped at 25,194.33 points (+ 0.15%), energy stocks stand out (+ 1.75% for Tenaris, + 2.16% for Saipem, + 0.2% of Eni) and banks (+ 0.64% of Intesa Sanpaolo and + 0.8% of UniCredit). The latter was able to benefit from the rumors about a cooling of the runway leading to the integration of another institution (such as Banco BPM, -1.54%, or MPS, -0.76%). of iPhone 13 production volumes allowed STMicroelectronics (+ 2.48%) to record the best performance in the blue chip basket. + 0.82% for Telecom Italia, which has signed a Memorandum of Understanding (MoU) with EOLO for the launch of a strategic partnership project in the “White Areas” of the country where the latter will be able to provide Internet access services in wholesale mode to TIM. Among the securities linked to made in Italy, Brunello Cucinelli (-0.29%) closed the first half with revenues of 313.7 million euros, + 7.7% compared to the same period of 2020, and 2021 guidance improved. (in collaboration with money.it).