Stock Exchange: Milan -1.7% with Prysmian and Tim, Mediobanca good

Nobel Prize Winners and Ministers for the Turin Economics Festival (ANSA)

(ANSA) – MILAN, 02 MAY – Piazza Affari continues the session in sharp decline, in line with the climate of pessimism that pervades the European stock exchanges worried about the war in Ukraine, the price rush, the monetary squeeze and lockdowns in China. In Milan, the Ftse Mib drops 1.7%, with Prysmina (-3.5%), Tim (-3.4%) and Tenaris (-3.4%) leading the falls while the price of oil is in sharp decline due to the fear of a drop in Chinese demand. Bad also Stellantis (-3.2%), Recordati (-3.1%), Campari (-2.9%) and Stm (-2.8%). Banks with Unicredit (-2.6%) and Bper (-2.4%) are also bad. Mediobanca bucking the trend (+ 1.2%), winning the game for the board of directors of Generali (-1%). Purchases also on Nexti (+ 0.7%) and Italgas (+ 0.3%), which today presented the accounts for the quarter. The Popolare di Sondrio loses 1.2% after the assembly that saw the Assogestioni funds remain out of governance. (HANDLE).

Source: Ansa

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