eni stock climbs

Just a note of curiosity or encouragement for those steel undies suffering a small bit of acid wash (like mine)...

ENI has steadily climbed equivalent of approx 0.93 AUD since the 19th Nov. from 17.14 EUR to 17.90 EUR (around 4.4% rise).

http://uk.finance.yahoo.com/q?s=ENI.MI

There has been no published special news. Whether that is on the back of general oil prices (Brent), which interestingly have dropped a small amount over the last couple of days after a small rise...

http://www.moneyweek.com/news-and-charts/market-data/oil

or hopefully someone/s know more than we do or it may just be that local Euro investors have more confidence in ENI than ours do with MEO at present.

On the bright side, northward is more encouraging than a steady southward plunge in any case.

As I said, I just thought I'd add a note of encouragement, to lighten the wait, not that we need it of course. #;-)

Thanks to DrDaz, iam, Ya and many others for the excellent information and explanations, it has certainly made the trip a far more interesting and informative one.

Some even say whilst others were selling lemonade, DrDaz started to excel early in life.....