(ANSA) – MILAN, JUN 29 – Piazza Affari begins the session with a decline, like the other European stock exchanges, with investors worried about the impact that the current monetary tightening could have on growth. The Ftse Mib index dropped 0.9%, returning below 21 thousand points, weighed down by sales on Stellantis (-2.6%), on which Exane lowered its rating to neutral, Cnh Industrial (-2.2%) ), Interpump (-2.2%) and Ferrari (-2.1%). Diasorin (-2%) and Stm (-1.9%) are also down, while Unicredit is weak among bankers (-1.4%) while Mps remains under pressure (-6.7%). Mediobanca (-0.12%) and Generali (-0.3%) made little moves while waiting to understand how Leonardo Del Vecchio’s legacy will be managed. The contrasting trend in Saipem’s rights (suspended, with a theoretical decrease of 32%) and shares (+ 6.7%) continues, while the capital increase is in progress and after the confirmation of a conviction on appeal in Algeria. Popolare di Sondrio is doing well (+ 3.4%) after the presentation of the industrial plan, dragging the shareholder Unipol (+ 0.5%). In contrast, the utilities Snam (+ 0.7%) and Terna (+ 0.6%). (HANDLE).
Source: Ansa
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