Stock market: Milan weak (-1%) with Europe, Saipem good

Castiglione del Genovesi, National Festival of Civil Economy: the countdown has started (ANSA)

(ANSA) – MILAN, JUN 16 – European stock exchanges are struggling to confirm the attempt to rebound on the eve and Milan confirms the negative start in the first trading sessions, with the Ftse Mib index falling by one percentage point. In a nervous climate, Amsterdam rose by over 1%, with Frankfurt down by 0.6%, Paris and London around half a percentage point.

With the cuts announced otherwise by Russia, gas fluctuates violently on the Old Continent market and rises by 6% to 128 euros per megawatt hour, after a surge in early trading up to 135.

The spread between BTPs and Bunds fell to 211 points, with the yield on the Treasury product at 3.75%. But this is not enough for Piazza Affari: among the main stocks Moncler drops 3%, Bper and Ferrari two and a half points. Against the trend Inwit, which rose by 0.7%. (HANDLE).

Source: Ansa

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