The close was higher on Avary Square and other European stock exchanges with the Ftse Mib up 0.96% at the end of the day.
On the macro front, it should be noted that GDP growth in Italy is expected to reach 3.7% in 2022, slow to 0.2% in 2023, before picking up moderately to 1% in 2024. These are the forecasts of the Organization Economic cooperation and development.
Inflation is expected to decline only gradually from 10% at the end of 2022, as increases in energy and food prices lead to broader price pressures.
But the consumer confidence index in the eurozone, according to the preliminary reading for November, settled at -23.9 points, which is an improvement compared to -27.5 points in October. The figure is better than expected by consensus at -25.8 points.
Enel performed well in Piazza Affari (+ 0.49%) after publishing the goals of the plan until 2025. Oil companies also shone: Eni + 4.52%, Saipem + 0.68%, Tenaris + 6.57%.
Also worth noting is Tim (+ 3.45%). “By the hour,” said Economy Minister Giancarlo Giorgetti, in response to a question during a press conference this morning about the maneuver, “there will be a meeting between all the ministers interested in Tim’s dossier,” which is coordinated by the prime minister. “The state must control a strategically important part of the network. This form of control can be exercised in several ways. The problem with TIM is that it is vertically integrated and some part must be placed under the control of the public. It is a complex corridor,” Giorgetti added, emphasizing that “the goal is Finding a solution that preserves the interests of the country and protects workers.