Stock Exchange: Milan confirms rise (+ 0.3%), Iveco and Prysmian are doing well

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

(ANSA) – MILAN, AUGUST 10 – Piazza Affari confirms the rise after more than 3 hours of trading with the Ftse Minb index up 0.3% to 22,555 points. The differential between German BTPs and ten-year Bunds also rose, reaching 212.1 points, with the Italian annual yield down 1.4 points to 3.01%.

In the spotlight Iveco (+ 2.58%) and Prysmian (+ 2.26%) together with Pirelli (+ 1.6%) and Bper (+ 1.57%). Unicredit holds (+ 0.6%) which moves against the trend compared to Banco Bpm (-0.54%). Intesa also fell (-0.12%). On the eve of Moody’s cut the outlook on the rating of Italian banks from ‘stable’ to ‘negative’, adjusting it to that of the country. Nothing has changed for Generali (+ 0.99%), whose outlook has remained positive. Profit taking continued on Saras (-2.91%), pushed on the eve by crude oil, which today retreated below 90 dollars a barrel (-0.95% to 89.64 dollars). Tenaris was also weak (-1.12%), while Eni was weak (-0.16%). Moncler weak (-1.05%) together with the rest of the luxury sector in Europe due to the tensions between Vina and Taiwan and the anticovid restrictions in Hong Kong. Unieuro (+ 2.1%) and Juventus (+ 2.04%) stand out among the smaller capitalization stocks, while Bioera (-4.08%) and Webuild (-2.52%) sell. (HANDLE).

Source: Ansa

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