MILAN, September 25 (Reuters) – Piazza Affari continues in cautious rise, as most of the other European exchanges supported by optimism that the decline of the euro will have an impact positive impact on corporate accounts. The weak indicators of the European economy, however, continue to curb gains while on the list of Milan, the best in Europe, benefiting in particular from some speculative ideas such as Telecom and Italian Finmeccanica. “The European indices are still lagging behind the United States and could still recover some of the gap in the wake of the measures the ECB and the euro’s weakness against the dollar,” said a trader. At about the 13 nd ex FtseMib is up 0.8%, the Allshare of 0.74%. Volumes to 1.9 billion euro. The FTSEMib futures expiring in December is up 0.85% at 20,825 points. In Europe, the FTSEurofirst 300 index rises 0.36%. Frankfurt is up 0.5%, Paris and Madrid 0.3% 0.8% In Milan, stands the leap ITALY TELECOM, rising 3.5% after rumors of Bloomberg according to which the former CEO of Telstra Corp, Sol Trujillo, would collect 7.5 billion euro to bid on a share of the Italian group. “We are perplexed sull’indiscrezione that, to the values indicated, concern only a portion of Telecom Italy, perhaps leaving out the minority shareholders,” said an operator. Read more …
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