MILAN, August 25 (Reuters) – Piazza Affari moves in a tight range in thin market and sluggish for the summer and for the closure of London for holidays, supported by comments from ECB President Mario Draghi, on a possible further easing of monetary policy. Draghi said that the ECB is ready to act with all means possible if inflation were to fall further. At 11:30 the FTSE Mib index rises 1.04%, the All Shares of 1.01%. Exchanges to 470 million euro. Futures FTSE Mib at 20,115 after falling 20,000 in the support area. The European FTSEurofirst index rises by 0.59%. Banking positive, with Unicredit and Intesa Sanpaolo up by more than 1%. MPS rises by more than 5%, with a volume of about 43 million, compared with a daily average of 63 million, pending the board of directors of the Foundation, where, according to the papers will discuss governance. According to a trader, today there is no news can move the title. “The downside risks of MPS are now considerably reduced. Purchases of today seem linked only to this awareness.” Read more …
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