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Stock Exchange: Milan turns up with Saipem and Tenaris, down Mps

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Gas hikes weigh, aid checks in September (ANSA)

(ANSA) – MILAN, AUGUST 23 – Piazza Affari turns up (+ 0.26%) after a declining start while the European stock exchanges remain in tension due to the rush in the price of gas that feeds the risk of a recession in the Old Continent . Tenaris (+ 3.8%) is advancing on the Milanese stock market, while Saipem (+ 2.1%) and Tim (+ 1.9%) rebound from the lows, in which the CEO Pietro Labriola invested about 200 thousand euros yesterday. Eni is still doing well (+ 1%), fresh from the discovery of a large gas field off the coast of Cyprus, while Nexi (+ 1%) and, among banks, Bper (+ 1.5%) and Banco Bpm ( + 0.9%). On the other hand, sales continued on Mps (+ 2.2%), bad also for Diasorin (-1%), Amplifon (-1%) and Recordati (-1%), weak utilities with Snam (-0.8%) and Terna (-0.6%), one of the few stocks to save itself from sales yesterday. (HANDLE).

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Source: Ansa

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