Milan Stock Exchange shortly move, Telecom Italy positive, Fiat falls – Reuters Italy

       

MILAN, August 19 (Reuters) – Piazza Affari is a little move, weaker than the other European markets, in an uncertain market after mid-August and the week after the positive sign of yesterday.

       

A few ideas on individual stocks, rising Telecom Italy, Azimut and Mediolanum, but in a thin market, which is dominated by flows, which arrive in a rather messy.

       

At 11:30 the FTSE Mib index drops 0.09%, the AllShare 0.01%.

       

Volumes to approximately 500 million euro.

        
       

TELECOM sharp rise in ITALY (+ 3%), but within the range of recent weeks, after the press rumors today that they return to the possible integration with the Vivendi group and between their Brazilian subsidiaries of the two groups, and Tim Brasil GVT.

       

FIAT falling by more than 1%, but after reducing significantly the distance from the withdrawal price for melting in FCA NV, which is 7.29 to 7,727. The speculation that drove the title in sharp decline in the first half of the month, sparking fears that the transaction did not go through, for now it seems satisfied with the movement already registered.

       

Banking contrasted with UNDERSTANDING and Unicredit positive. Well managed savings with AZIMUTH that goes by more than 2%, Mediolanum +1.7%.

       

Finmeccanica stable after the jump yesterday on rumors relating to the sale of Ansaldo STS (+ 4.9%) and Ansaldo Breda. Bombardier and Hitachi are in pole position to acquire. Read more …