(ANSA) – MILAN, AUGUST 10 – The Milan Stock Exchange (+ 0.95%) closed on positive ground, in line with the other European lists. The markets, after a wait-and-see phase, have embarked on the upward path following a slowdown in US inflation. The spread between BTPs and Bunds fell to 208 points, with the Italian ten-year yield below 3% (2.97%).
At Piazza Affari, the stocks of the technology sector are on display with Prysmian (+ 3.9%) and Stm (+ 3.4%). The automotive sector also performed well with Iveco (+ 3.9%), Cnh (+ 2.2%), Stellantis (+ 1.4%) and Pirelli (+ 2.4%). Positive performance also for banks with Bper (+ 2.3%), Unicredit (+ 1.3%), Intesa (+ 0.9%) and Mps (+ 0.3%) while Banco Bpm is in contrast (- 0.8%).
The drop in the price of oil weighs on energy stocks where Tenaris sells 1.1% and Eni (-0.6%). On the other hand, Saipem rose (+ 0.8%). Negative performance for utilities with the price of gas starting to run again. A2a (-0.8%), Enel (-0.4%), Hera and Snam (-0.1%) were down. Also in the red Tim (-0.9%) and Leonardo (-0.4%). (HANDLE).
Source: Ansa
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