• Fri. Oct 22nd, 2021

Ftse Mib slightly moved, spread down

Byeditorial

May 18, 2021

Positive game, the Milan stock exchange has progressively reduced earnings in the wake of the climate of prudence that is characterizing the last sessions. During the second part, positive indications for our public debt (spread down by 2.4% to 115 basis points) came from the words spoken by the ECB n.1. According to Christine Lagarde, the Frankfurt-based institution has not discussed the reduction of the securities purchase program initiated to counter the pandemic. There is no date for the stimulus reduction, Lagarde said, any change will depend on the data to come. On the Ftse Mib, which ended the day at 24,880.45 points (+ 0.07%), the best performances were recorded by the combination formed by Amplifon and Moncler, up by 2.68 and 1.54 respectively. The performance of UniCredit and Mediobanca (+ 0.9% for both) is worthy of note among the banks. As for Piazzetta Cuccia, Fininvest sold its 2% to 174 million euros, while Assicurazioni Generali (+ 0.2%) also closed the first quarter with an operating result of 1.6 billion, + 11%. compared to 12 months earlier. Gross premiums increased by 4.2% to 19.7 billion while net profit went from 113 to 802 million. Little move Stellantis (-0.04%) which presented, with the Taiwanese Foxconn, the partnership for Digital Cockpit, display and car instruments, and personalized connected services. The new joint venture will be called Mobile Drive. “Mobile Drive will combine Stellantis’ experience in 360 ° vehicle design and its engineering skills, with Foxconn’s ability to develop global software and hardware for smartphones and electronics for the end consumer,” reports the note from the company. automotive. (in collaboration with money.it)

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