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Stock market: Milan slows down (-0.7%), Campari and Moncler down, good Tim

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The risk of poverty increases in Italy, to 20.1% in 2021 (ANSA)

(ANSA) – MILAN, AUGUST 26 – Piazza Affari slows down further after two and a half hours of trading, with the Ftse Mib index down by 0.74% to 22,287 points. The differential between German ten-year BTPs and Bunbds remained stable at 229.1 points, with the Italian annual yield rising by 11 points to 3.64%. Crude oil rises (WTI + 0.91% to 93.36 dollars per barrel) while natural gas (-1.84% to 315.5 euros per MWh) reduces the decline below the maximum but above the 315 euros threshold.

Amplifon (-2.88%), Recordati (-2.32%), Moncler (-1.98%) and Campari (-1.92%) sell. Iveco (-1.93%), Exor (-1.75%), Saipem (-1.5%), Diasorin (-1.8%), Cnh (-1.55%) and Snam (- 1.15%). Finally, weak Bper (-0.75%), Intesa (-0.58%), Banco Bpm (-049%) and Unicredit (-0.3%), held back by the rise in the spread.

Few increases, limited to Tim (+ 0.9%) in the aftermath of the second purchase of shares by CEO Pietro Labriola since in office, which brings his portfolio to 1.5 million shares giving a further signal of trust while work continues on the project for the single network. Unipol (+ 0.4%), Italgas (+ 0.27%) and Stm (+ 0.11%) follow at a distance. (HANDLE).

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Source: Ansa

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