BAG MILAN little move, tonic Saipem and A2A – Reuters Italy

       

MILAN, April 13 (Reuters) – Milan Stock marks a slight rise in the early stages.

       

The Milan stock exchange recorded a better performance on other European exchanges, although dominated by caution after the recent rally and disappointing Chinese macro data.

       

At around 9.20 the FTSE Mib index rises 0.15%.

       

Among individual stocks, highlighting A2A (+ 1.7%) on speculation of future mergers. The AD Luca Valerio Camerano has confirmed that the utility is conducting interviews for the purpose of aggregation with other utilities and the transactions could be made in cash and shares. According to President John Valotti the time horizon is 2015.

       

Tonica SAIPEM, who earns more than 2.5%.

       

In upward even TELECOM ITALY (+1.5%).

       

Positive BANCO POPULAR and POP MILANO, followed by other popular, while continuing speculation on future combinations.

       

Match declining MPS, that Friday night announced that Nomura have exposure to more than one third of the capital, annulled losses and is passed in the positive.

       

In CHRYSLER FIAT decline, in line with the auto industry in Europe. More …