Stock market: Milan closes weak with Europe but Tim stands out. Weak session for the Milan Stock Exchange (-0.18%, Ftse Mib 31,676 points) like the other European stock exchanges orphaned by Wall Street closed for the 'President Day' holiday.

Tim is gaining momentum (+5.9% at 0.29 euros) with Bofa which, following the quarterly report, raised its recommendation from 'neutral' to 'buy' Leonardo is still running (+2.24%).