Stock Exchange: the political crisis sinks Milan, the banks hurt

Waste, Comieco:

(ANSA) – MILAN, 14 JUL – A session to forget for the Milan Stock Exchange which adds the fear of the recession, shared with the other lists, to the current political crisis. At the end of the day, the Ftse Mib does the damage count with 17 billion burnt in capitalization against a decline of 3.44% (20,544 points).

However, the spread between BTPs and Bunds, which reached 218 points during the day, still holds, but at the end, just as we learn that Prime Minister Mario Draghi has not resigned, stops the bar at 206.6 points with a stable return at 3.2%, figures and percentages more or less on the same levels as the start.

To have the worst are the banks with Bper (-6.11%), Unicredit -5.7%) in the lead. Then Tim (-6.4%) and Enel (-5.7%). On the other hand, Saipem (+ 5.7%), which yesterday closed the unopted on the 2 billion increase and thus closes the previous sessions of collapse with an increase. (HANDLE).

Source: Ansa

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