Thanks to OPEC, the Milan stock exchange (also open on the day of the holiday) has concluded the negotiations on the rise: Ftse Mib index + 2.42% at 18,971 points and All Share + 2.32% at 20,734. The conviction of the markets that the path of post-Covid economic recovery has begun has also played in favor; this also went well for the Frankfurt stock exchanges (+ 3.75%) and Paris (+ 2.02%), a little less for London (+ 0.87%) which has strong financial ties with the former Hong colony Kong, in the grip of internal tensions and the tug of war between America and China.
In Milan, shares related to oil and energy in various ways shone: Eni + 5.28%, Tenaris + 4.14%, Enel + 2.44% and Saipem + 1.27%. Industry also performed well: Leonardo + 4.36%, Pirelli + 2.14% and Fiat Chrysler Automobiles + 1.68%. Excellent starting point for Buzzi Unicem (+ 4.24%) and Ferragamo in fashion (+ 3.36%) while Diasorin with a -1.43% was the only Ftse Mib title to end the day of negative trading : its price has reached record levels with the pandemic and is now reflecting a little. Telecom Italia + 3.05%.
As for the financial sector, Unipol leapt by 5.92%, Generali is + 3.14%, Intesa Sanpaolo + 2.84%, Mediobanca + 2.16% and Unicredit + 1.63%. Outside the main list Cattolica Assicurazioni + 4.51% after the collapse of the eve.