While the Milan Stock Exchange changes hands, Piazza Affari remains immobile. Day of reflection for the Milanese list, which closes practically unchanged. But today’s session was characterized by an important event involving Borsa Italiana. Here is the analysis of the day of the Bag Projections Experts.
Today’s session was characterized by an important event involving Borsa Italiana
Today the Milan Stock Exchange has changed hands. The company, which was owned by the London Stock Exchange, is now in the hands of the Euronext group. The sale took place for approximately 4.3 billion euros. The London company made a bargain, selling our price list for three times the price it bought it for in 2007.
What changes for Italian savers? Little or nothing. But, the Milan Stock Exchange has become part of a group that also holds the Paris and Amsterdam stock exchanges. Therefore, in theory, investing in these lists should be easier and relatively inexpensive.
Flat seat in Milan, more effervescent in Europe
Since the Friday session is often prone to selling, the fact that prices have not fallen can look good news. In reality it is not so good if we look at the performance of the other exchanges.
Apart from the German Dax index, which closed down 0.1%, Paris and London closed with appreciation of around 0.7%. The European Euro Stoxx index itself gained 0.5%.
Why did the Milan Stock Exchange slow down? Because today, the banks were once again missing. The profit-taking took place on these, after the appreciation of the previous sessions. Unicredit sold by 1.7%, Banco BPM by 1.3%, Mediobanca by 1%. While Intesa defended itself and gained 0.2%.
To know the multidays analysis and the point of view of the international markets of the ProiezionidiBorsa Study Office, click who.