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Stock Exchange: Milan accelerates (+ 0.2%), inflation in line with estimates

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Scrapping does not hit targets, collections stopped at 18 billion (ANSA)

(ANSA) – MILAN, AUGUST 10 – Piazza Affari accelerates coming out of the shallows of a not very moving opening, The Ftse Mib index gains 0.23% to 22,538 points, while the differential between Italian BTPs and German ten-year Bund rises above quota 211 points, with the Italian annual yield down 2.3 points to 3%. Italian inflation in July was in line with estimates.

Purchases on Pirelli (+ 1.43%), following the long wave of the quarterly report, Bper (+ 1.29%), Generali (+ 1%) and Prysmian (+ 0.86%).

Profit taking continued on Saras (-2.46%), pushed on the eve by crude oil, which today falls below 90 dollars a barrel. Contrast Tenaris (-0.2%) and Eni (+ 0.33%). Moncler weak (-1.44%) together with the rest of the luxury sector in Europe due to the anticovid restrictions in Hong Kong. Slight increases for Unicredit (+ 0.28%) and Intesa (+ 0.32%), while Banco Bpm specularly declined (-0.23%). (HANDLE).

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Source: Ansa

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