Stock Exchange: Milan reduces decline (-1.65%), Saipem sprint, Eni down

Inflation:

(ANSA) – MILAN, 05 JUL – Piazza Affari reduces the decline to less than an hour from the end of trading. The Ftse Mib index drops 1.65% to 20,984 points, with the differential between German 10-year BTPs and Bunds reducing the rise to 195.7 basis points, with the Italian annual yield down by 3.7 points to 3.186. %. There were few increases in the basket of large stocks. Among these, Saipem (+ 6.49%), on the last day of trading of the rights to the € 2 billion capital increase, which yielded 77.89%. Amplifon (+ 3.3%), Ferrari (+ 1.29%) also did well, following the long wave of the opinion of Jefferies analysts, Diasorin (+ 1.03%), Nexi (+ 0.54%), Recordati (+ 0.3%), Prysmian (+ 0.39%), Inwit (+ 0.38%) and Moncler (+ 0.22%), together with Terna (+ 0.19%).

Tenaris (-7.01%) and Eni (-4.99%) weigh, held back by the drop in crude oil (Wti -4.6% to 103.4 dollars a barrel) and by the forecasts of Citigroup analysts, which indicate a decrease of up to 65 euros per barrel in the event of a recession. The rest of the industrial sector is holding back with Leonardo (-7.39%), Iveco (-4.79%) and Stellantis (-2.52%) after the 14% drop in car sales in France in June. Difficulties also on the banking front from Bper (-4.45%) to Banco Bpm (-3.92%). Heavy also Intesa (-2.35%) and Unicredit (-2.14%). (HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular