Article: Milan blue chips close higher over G20 summit.

Article from:
ADP News Italy
Article date:
September 7, 2009
Copyright

(ADPnews) - Sep 7, 2009 - The FTSE MIB blue-chip index in Milan closed up 1.57% to 22,563.33 on Monday lifted by G20 statements that the incentives for the economy will be kept.

The FTSE Italia All-Share index rose 1.49% to 22,993.98.

Franco-Italian chip maker STMicroelectronics (BIT:STM) climbed 5.13% EUR 6.45 in the wake of the good performance of Nokia (AMS:NOKA), its main client, and the news about the acquisition of Chartered Semiconductor Manufacturing Ltd (SIN:H1Y) by Abu Dhabi sovereign fund Atic.

Construction group Impregilo SpA (BIT:IPG) rose 4.62% to EUR 2.945. The group has been awarded a USD 243 million (EUR 169.5m) order in Abu ...

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