Business · Markets · 1 hr ago

Milan’s main stock index rises 0.9% in early trading

Milan’s FTSE MIB, the city’s main stock index, rose 0.9% to 50,193 points in the first minutes of trading.

Almost all the stocks in the index were higher.

Telecommunications infrastructure company Inwit gained 2.56%, while carmaker Stellantis rose 2.2% on the opening day of the Paris Motor Show.

Banks also advanced, including Intesa, Mediolanum, Banco BPM and MPS.

MPS had called an extraordinary board meeting for that day to discuss the banking sector’s consolidation moves.

A few stocks fell, including Technoprobe, Unipol and Lottomatica.

The early market figures show a broadly positive start, but do not indicate how trading ended.

Sources

ANSA · 1 hr ago