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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

PEERS&MARKETS 17.05-21.05.10Negative week for major stock markets: from 17 to 21 May,  London  marks a -3.8%, Milan -1.2%, Paris -3.6% and Frankfurt -3.8%. The main drivers behind performance on the stock exchanges being the fears that consolidation plans under study by European Countries might delay economic recovery.
Sales were mainly focused on shares related to basic resources (-7%) and energy (-5%) with oil falling to $ 70 a barrel.
Pirelli closed the week down by 4.5%, in line with Michelin (-5.5% the DJ Stoxx Auto).
Poor performance for the stocks of the Italian Real Estate sector with Pirelli RE down by 8.9%, Risanamento -11.4% and Aedes -9.0%.

For more in-depth information please follow the link to: Investors > Pirelli in the stock market > Peers & Markets; or click here.


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PEERS & MARKETS

PEERS&MARKETS11.1-15.1.10jpgProfit-taking on international markets in the week 11-15 January 2010 was substantial after a bullish start to the year.
Sales concerned all sectors and the banking sector in particular (with the European reference index down -3.7%) after the quarterly results of JPMorgan.
The auto sector contained its losses thanks to the upward trend of vehicle registration in the USA, Europe and Brazil (+50.7% yoy increase in vehicle registration in Brazil in the month of December; +11.4% yoy  increase in 2009). Shares in the tyre sector rose with Pirelli closing the week at 0.45€ +1.4% (+2.1 percentage points up on DJ Stoxx Auto & Parts).
During the week Kepler confirmed the positive outlook for Pirelli shares (Hold, Target Price €0.45) identifying as share catalyst the Pirelli’s commitment in Russia for the realisation of a new industrial district, the restocking  by dealers and a more efficient cost structure.  
The Italian real estate sector, and specifically Pirelli RE, showed a weak trend, down by 4.3% (-2.2% Aedes, -2.3% Brioschi, -1.6% Gabetti).

For more in-depth information please follow the link to: Investors > Peers & Markets.


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PEERS & MARKETS

PEERS&MARKETS 4.1-8.1.10Major world stock markets open 2010 with gains of over two percentage points in the first week of trading. Strong performance especially by banking stocks (+6.2% European Reference Index) and by the cyclical sector (+3.4% for auto parts, +4.0% for industrials and +7% basic resources).
Pirelli is among top gainers from the Milan Stock Exchange, ending the week with a gain of 5.4% at €0.443, significantly outperforming the sector index (+2 percentage points) and the  Italian blue-chip index (+3 percentage points). Centrobanca upgraded Pirelli this week and raised the target price from €0.47 to €0.49. The consensus target price for Pirelli settled at €0.48 by coverage made by 18 brokers; 71% BUY and 29% HOLD.
Pirelli RE ends the week with a +4.1% increase, outperforming the Italian real estate sector (Beni Stabili +2.6%, Risanamento -0.1% and Brioschi -3.7%).

For more in-depth information please follow the link to: Investors > Peers & Markets.


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