FCA on the rise in Piazza Affari

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->fca_4Fiat Chrysler Automobiles records one of the best performances of the day at the FTSEMib. At 2.40 pm the title of the auto-insurance company gained 3.49% to € 7.943, after hitting a maximum of € 8.03 in the late morning.

The strong rise in FCA seems to be dictated by the hypothesis of a short-term agreement on the loan of Intesa Sanpaolo to FCA Italy worth 6.3 billion euros and 80% guaranteed by Sace.

The operation put in place would be the largest loan guaranteed by the state to a company since the beginning of the Covid emergency19 and the market seems to like the terms of the agreement.

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