Stellantis rises 3.6 percent after touching +4 percent and recovers heavy losses following the exit of CEO Carlos Tavares, which was announced as a surprise last Sunday.

The balance as of Friday night is essentially balanced, a sign that Monday's slump-when the stock hit its lowest since July 2022 to close down more than 6 percent-has been made up. The balance since the beginning of the year, however, remains largely negative, more than -40 percent.

That is why one trader explains today's rise as merely a recovery, in light also of adjustments on portfolios as the year comes to a close.

Intermonte quotes in a report words spoken yesterday while markets were still open by the Cfo. "The reduction of inventories below the target level in the United States is positive, but at the same time we believe it was achieved through broader underproduction, while market share deteriorated again in November. Words of support for investor remuneration were already expressed at the third quarter results," the broker commented.

(Claudia Cristoferi, editing Sabina Suzzi)