Stock Exchange: Milan worsens (-1.5%) with Europe, bad banks

(ANSA) – MILAN, 10 JUN – In the first trades the trend of Piazza Affari becomes heavy, which as yesterday at least at the start appears to be the weakest stock market in Europe: the Ftse Mib index drops 1.5%, with weak bank stocks. After a start with more contained drops, however, the Madrid stock market also loses 1.2%, Frankfurt and Amsterdam over one percentage point, Paris 1% and London 0.9%.

The tension on government bonds still weighs on Milan with the spread against Germany at around 220 and the yield on the Treasury product at 3.63%. In this context, Bper, after a move to a volatility auction on the day of the presentation of the new business plan, yields 4.5%, Bpm 2.9%, Mediolanum, Banca Generali and Unicredit two percentage points. Intesa was also weak (-1.9%), while outside the credit sector Eni lost 1.7%.

Among the main titles in Milan try to keep Hera, which rises by a few fractions of a point. (HANDLE).

Source: Ansa

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