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Investor Channel is the communication channel between Pirelli and the financial community. Analysts, shareholders and web users can use the channel for direct dialogue with the Group. The blog is moderated by Pirelli Investor Relations.

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PEERS & MARKETS

The first week of trading in 2011 ended with a rising trend on all international stock markets apart Madrid and Athens (both –3%). Milan (+1.8%) and Paris  (+1.6%) performed particularly well, with buying focussed on the Auto segment (European reference index +5.4%) while  prices fell in the chemical and construction sectors (-1.4% and –1.8% respectively) due to the uncertain trend in commodity prices.
In Milan the market welcomed the spin off of Fiat into Fiat SpA (incorporating the Auto business) and Fiat Industrial on 3 January.
The trend in the tyre sector was more subdued, with Michelin, Nokian and Pirelli (€ 6.05) penalised by the price of natural rubber, which continued to rally.


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1 news Tuesday, January 11th, 2011