Milan Stock Exchange in decline in start-up with banks and automotive, positive … – Reuters Italy

       

MILAN, October 8 (Reuters) – Starting weak to Piazza Affari as for other European exchanges in a climate of increasingly cautious on the outlook for global economic growth.

       

After the sharp decline filed yesterday, the FTSEMib yields about 0.25% to about 9.15, such as Allshare, while the European FTSEurofirst 300 index down 0.5%.

       

One of the few hikes TELECOM, playing with a rise greater than 1% and now at + 0.35%. Indiscezioni press speak of an interest of Vincent Bolloré to increase its stake by Vivendi well above the 8.5% agreed.

       

Positive ENEL whose Spanish subsidiary Endesa has unveiled this morning a coupon amazing 6.3 billion total.

       

Salt also GENERAL (+0.6%).

       

Weak across the automotive sector (-1.1% FIAT) in line with the European sector, down banks in Italy and in Europe.

       

hard out, again, for WORLD DUTY FREE under pressure on Friday after what the broker consider a profit warning in fact. Today, Goldman cut its rating to “neutral” from “buy.” After the first trading down nearly 2% of the title, however, has partially recovered and is at 0.5%.

        
       

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