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BackMilan stock exchange closes higher: Ftse Mib +0.88% at 52,245 points
Milan stock exchange closes higher: Ftse Mib +0.88% at 52,245 points
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ANSA Economia49 minutes agoBusiness1 min readItalyView original

Milan stock exchange closes higher: Ftse Mib +0.88% at 52,245 points

Quick Look

  • The Milan Stock Exchange closes on the rise with the Ftse Mib gaining 0.88% to 52,245 points.
  • Among the highlighted stocks are Lottomatica (+5.77%) after the operation with Cirsa, Azimut (+2.77%) with the 'buy' of Deutsche Bank, Stellantis (+4.21%) and Poste Italiane (+2.47%) in the final phase of the OPS on Tim.
  • Among the banking companies, Mediobanca (+2.07%), Mps (+1.6%) and Bper (+1.61%) stand out.

AI-generated summary

Why It Matters

The Milan Stock Exchange recorded a positive day driven by sector gains and specific company operations.

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The Milan Stock Exchange closes on the rise. The Ftse Mib rises by 0.88% to 52,245 points.

Lottomatica's rebound (+5.77%) should be noted after the operation with the Spanish Cirsa. Azimut then rises (+2.77%) with the 'buy' from Deutsche Bank.

Stellantis is making good progress (+4.21%). Poste Italiane recovers (+2.47%) in the final phase of the ops on Tim (+2.79%%). Among the banking companies, Mediobanca stands out (+2.07%%) with Mps (+1.6%) followed by Bper (+1.61%).

On the opposite side, sales on Cucinelli (-1.72%), Leonardo (-1.46%) and Campari (-1.69%).

Open Questions

  • What is the medium-term outlook for rising stocks after today?
  • Will the operation between Lottomatica and Cirsa have structural impacts on the gaming sector?
  • What are the precise reasons behind the downgrade or sale on Cucinelli, Leonardo and Campari?

Related Topics

This article was originally published by ANSA Economia.

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