Tuesday, November 5, 2024

Milan rose 3.05%, led by the industrial sector

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This content was published on Jul 07, 2022 – 16:10

Rome, July 7 (EFE). – The Milan Stock Exchange closed higher today and its FTSE MIB selective index rose 3.05%, to stand at 21,558.07 points, driven by significant gains in the industrial sector.

For its part, the FTSE Italy All-Share All-Share Index rose 2.94% to 23,598.82 integers.

During the session, 583 million shares were traded, valued at 2,011 million euros (about 2,042 million US dollars at current exchange rates).

Investors in Lombard Square opted for buying on Tuesday, driven by big gains in the industrial, auto and banking sectors, as well as advances in other European markets and a positive opening on Wall Street.

The top five gainers were the Saipem oil company (24.30%), the metals company Tenaris (10.13%), the automobile company Iveco Group (7.18%), the automobile company Stellantis (7.09%) and Unicredit (6.59%).

Only hearing aid maker Amplifon closed negative, down 4.35%, followed by wireless operator Inwit (-0.50%) and Snam (-0.42%). EFE

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EFE 2022. Redistribution and redistribution of all or part of the contents of the EFE Services, without the prior and express consent of Agencia EFE SA, is expressly prohibited.

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