(ANSA) – MILAN, FEBRUARY 28 – Piazza Affari continues the session with a sharp decline, even though it is recovering from the lows recorded after a troubled opening. Five days after Russia’s attack on Ukraine, the Ftse Mib index leaves 2.8% on the field at 25,046 points, with most of the basket in the red. In particular, with the spread between BTPs and German Bunds up to 164.8 points and the annual yield of ten-year bonds down by 1.8 basis points to 1.83%, sales are concentrated on Unicredit (-9.54 %), the most exposed on Russia among banking institutions, also frozen due to excess of a discount. Intesa (-6.42%), Banco Bpm (-4.76%) and Bper (-4.66%) also fell, while on the industrial front Pirelli (-7.13%), which has plants in Russia, weighed and Stellantis (-5.51%), together with Buzzi (-6.37%).
The announcement by EU president Ursula von der Leyen on sending weapons to Ukraine and financing the country to purchase them pushes Leonardo (+ 15.59%) and Fincantieri (+ 13.28%).
Tenaris also did well (+ 3.46%), Inwit (+ 2.49% (), Diasorin (+ 2.34%) and Amplifon (+ 12.07%). A positive sign also for Saipem (+ 0.64%) ), Prysmian (+ 0.61%), A2a (+ 0.6%) and Terna (+ 0.34%), while Italgas (-0.56%) and Snam (-0.63%) are down . The rise in crude oil (WTI + 5.3% to 96.44 dollars a barrel) and Brent (+ 5.38% to 99.18 dollars a barrel) does not support Eni (-1.68%), which is in line with other oil stocks after the collapse of BP (-6.36%), which decided to sell its 19.73% stake in Rosneft (-42% in London). 37%, while Shell appears to be more cautious (-1.68%), while the Norwegian Equinor (+ 3.2%), which has decided to leave Russia, moves against the trend. (ANSA).
Source: Ansa
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