Stock Exchange: Milan continues to decline with Europe, Moncler slips

Enel: Montalto, from former nuclear power plant to museum on energy (ANSA)

(ANSA) – MILAN, APRIL 22 – The Milan stock exchange (-1.4%) continues the session down, in line with the other main European lists. In Piazza Affari, Moncler (-4%) and Saipem (-3.7%) slide, after the quarter’s accounts and the positive performance of the eve of the year. The spread between BTP and Bund rises to 166 points, with the Italian ten-year yield at 2.6%.

Banks are down with Intesa (-1.7%), Bper (-1.1%), Unicredit (-0.7%) and Mps (-0.2%), in contrast to Banco Bpm (+0.4 %), the latter grappling with proposals for bancassurance. The insurance sector also fell with Generali (-1.6%) and Unipol (-0.8%).

Energy was bad with Eni (- 2.2%) and Tenaris (-1.8%). Utilities were also bad with A2a (-1.3%), Enel (-1.4%), Hera and Snam flat.

Sales on Stellantis and Tim (-1.7%), sitting up for Leonardo (+ 0.7%). (HANDLE).

Source: Ansa

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