Stock Exchange: Milan worsens (-1.5%), banks bad, Tim -13%

Turin, Mayor Lo Russo visits the Mirafiori plants (ANSA)

(ANSA) – MILAN, 03 MAR – Piazza Affari is getting worse again (-1.5%), with Tim (-12.7%) remaining at the bottom of the main list, after the accounts and estimates. Banks are bad, starting with Banco Bpm (-4.2%) and Bper (-4%), followed by Unicredit (-1.4%) and Intesa (-1.3%), which assesses its presence in Russia and in the meantime it makes new immediate financial measures available to support energy-intensive small and medium-sized enterprises and those with turnover deriving largely from exports. The BTP-Bund spread substantially stable, at 155.5 points, and the Italian ten-year yield at 1.612%.

Luxury continues in red, with examples such as Moncler (-43.3%).

Oil was down, from Eni (-3.2%) to Tenaris plants (-1.1%) and Saipem (-0.7%). Cars do not shine, from Stellantis (-1.3%) to Ferrari (-0.7%). Few stocks were positive, including Cnh (-1.5%) and Inwit (+ 0.8%). Poste (+ 0.02%) and Generali (+ 0.01%) dishes. (HANDLE).

Source: Ansa

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