The Brexit moves away, Piazza Affari + 2.5% – Milano Finanza

The markets fly in the wake of renewed optimism. In fact, despite the warnings continue to occur on sectoral award consequences of possible output in the United Kingdom by the European Union, fears related to Brexit seem very far in an early week that saw Milan close to + 2.5% 17,353 points. Positive also the other European markets, with London scored a + 3%, Frankfurt + 3.4%, + 3.5% a Paris and Madrid a + 3.4%.

a Business Square were strong purchases in the banking sector, driven by the rise of Mediobanca (+ 5.5%). Also among the best MPS (+ 5.2%), Credem (+ 4.8%) and Unicredit (+ 3.4%). In contrast, however, Banco Popolare (-2.7%) and B. Carige (-3.9%). Also weighing on the latter, the decision of the institution’s board of directors to take legal action against the former president Cesare Castelbarco Albani, former CEO Piero Montani, and some of the Apollo Group representatives to obtain damages resulting from the sale of investments of Carige in insurance companies and other behaviors later kept by the subjects of the said group.

Staying in the financial sector, good performance of Azimut H. (+ 8.2%), Unipol (+ 6.3%) and B.Mediolanum (+ 5.5%). Big sweep on the luxury sector, which saw Ynap close to the rise of 6.7%, followed by eyewear titles: Luxottica (+ 3.6%) and Safilo Group (+ 3.3%). Positively also the other titles: Moncler (+ 2.5%); Ferragamo (+ 0.6%); Tod’s (+ 1.5%) and Cucinelli (+ 0.2%). important results even among indistriali with CNH (+ 3.4%), Cir (+ 5.7%), Cementir (+ 4.9%), Leonardo-Finmeccanica (+ 4.7%), Prysmian (+ 4.4%) and Salini Impregilo (+ 3.9%).

In contrast to the general trend of the price list, however, Enel (-1.6%), Itaiane Poste (-2.7%) and A2a (-0.6%). The Milan-based utility was however not the only one to suffer in today’s session: Strong losses, in fact, Acea (-4.8%) and Iren (-5.2%), as investors are worried for the future of the two companies after the outcome of the vote in local elections in Rome and Turin. also pressure on RCS Mediagroup (-1.7%).

bullish wave also oil prices, with Brent at 18 traded at + 2.6% to $ 50.47 a barrel and WTI to + 2.8% to $ 49.31 a barrel. They moved accordingly enegetici titles: Eni closed at + 3%; Tenaris to + 2.8%, Saipem to + 5.9%. Negatively, however, Saras which sold 0.5%.