Monday, August 11, 2014

Milan Stock Exchange in part rise with banks, fly bench Popular, well … – Reuters Italy

Milan Stock Exchange in part rise with banks, fly bench Popular, well … – Reuters Italy


       

MILAN (Reuters) – Piazza Affari continues to rise with volumes summer trying to give greater substance to the tentative signs of a rebound after Friday.


       

The markets take advantage of the easing of tensions between Ukraine and Russia to facilitate the recovery after the sharp declines of the past two weeks, in a market that asked about the continuation of the trend and continue to look for reasons to be optimistic about growth in the European Union the medium term.


       

“I conciliatory signals on the Russian-Ukrainian help the upside,” said a trader.


       

“The volumes are very low and the only issue now seems to be that of the banks, especially the popular, for good quarterly shows,” he adds.


       

At 13.00 the FTSE Mib marks a rise of 0.99%, and the FTSE All Share 1.05%, in line trend in the European benchmark FTSEurofirst 300.


       

Volumes to 880 million Euros.


       

In the market for derivatil futures on the FTSE Mib in September rises by 0.76% to 19,370 points, and even the US contracts indicate a positive start on Wall Street,


       

In head to the main index of Piazza Affari shines BANCO POPULAR, up 8.6%, after the results of the second quarter, disclosed Friday in closed markets, better than expected.


       

In a renewed positive climate in the area of ​​cooperative banks in the light of recent results and capital strengthening in view of the AQR, even on purchases POP MILAN (+ 4.2%) and POP EMILIA (+ 3.1%) Read more …

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