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Stock Exchange: Milan is down, utilities weigh

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(ANSA) – MILAN, June 27 – The Milan stock exchange (-0.4%) is down, in contrast to the other European lists. Utilities weigh on Piazza Affari with the rise in the price of oil. Negative trend also for the majority of financial securities while the spread between BTP and Bund continues at 200 basis points, with the Italian ten-year yield rising to 3.51%.

Saipem still remains at stake on the first day of the capital increase with a theoretical increase of 20%. On the Cnh shields (+ 2.4%).

Iveco (+ 1.4%) and Stellantis (+ 0.5%) also did well. Among the banks, Intesa stands out (+ 2.3%) while Unicredit (-0.5%), Banco Bpm (-2.1%) and Bper (-1.6%) are down.

Negative sessions for Mediobanca (-2.9%) and Generali (-2.8%), on the day of the death of Leonardo Del Vecchio. Utilities are down with the price of gas returning to run. A2a (-2.7%), Italgas (-2.4%), Enel (-1.3%), Hera (-1.1%) were down.

(HANDLE).

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Source: Ansa

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