24 to 28 January was a shaky week on the international markets: Milan -0.3%, London -0.3%, Frankfurt +0.6%, Paris -0.4%.
The most affected sector was banking, which closed 1.3% down, due also to significant profit-taking after the rally at the start of the year (YTD performance +8.8%).
The European tyre sector was down, after the Goldman Sachs downgrade due to the continual rise in the cost of raw materials. Pirelli closed the week at € 5.610, a fall of 3% with an average of approximately 4 million trades.
Categories: Peers & Markets