the IMF pushes Piazza Affari positively

After a start in decided negative territory, Piazza Affari managed to end the session above parity. Despite the tensions that continue to hover on the markets, the greatest is represented by the combination of economic stagnation and inflation (the so-called stagflation), the Milanese stock market has outperformed the other European stock exchanges thanks to indications from Washington. In revising the estimates on global growth downwards, the Monetary Fund has raised its view on our country: from the + 4.9% estimated three months ago, now the 2021 GDP is estimated at 5.8%. The 2022 figure was confirmed at 4.2%. Prysmian’s performance (+ 3.55%) led the rise in Piazza Affari, where the Ftse Mib closed at 25,990.02 points (+ 0.23%). , DiaSorin (+ 2.72%) and Saipem (+ 2.41%). Among the public utility companies, the earnings recorded by A2A, Terna and Hera stand out, up respectively by + 2.06%, + 1.4% and + 1.18%. Positive closure also for Generali shares (+ 0.5%): with the latest purchases, Francesco Gaetano Caltagirone holds 6.56% of the Trieste-based company and, consequently, the consultation agreement with Leonardo Del Vecchio and the Crt Foundation, represents 13.19% of the capital. Less 1.63% for STMicroelectronics and Tenaris. Slight red for Eni (-0.27%), on which Morgan Stanley reiterated the purchase recommendation, and -0.81% for Atlantia. The latter announced that Autopista Central, a Chilean company part of the Abertis group, has reached an important agreement with the Chilean government for an investment project (more than 300 million euros) that will lead to an extension of the Autopista Central concession by 20 From the government bonds front, this morning the Ministry of Economy placed Bot 12 months for 6 billion euros. The yield was confirmed at -0.474% and demand stood at € 7.823 billion. A minus sign for the BTP-Bund spread which fell from 108 to 105 basis points. (in collaboration with money.it)