Stock Exchange: Milan floats, Nexi’s sprint

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(ANSA) – MILAN, 02 NOV – The Milan Stock Exchange (-0.01%) continues the session on parity. In Piazza Affari, a sprint by Nexi (+ 2.6%) while Tim continues to decline (-1.1%). The spread between BTP and Bund drops to 127 basis points, with the Italian ten-year yield at 1.4%.

Positive trend for banks in view of the next quarterly reports. Banco Bpm (+ 1.6%), Bper (+ 1.1%), Intesa and Carige (+ 0.7%) are up, Unicredit weak (-0.1%). In no particular order the stocks linked to oil with the price of crude rising.

Sale Saipem (+ 0.6%), Eni in red (-0.3%), Tenaris flat (-0.02%).

Negative session for utilities where A2a (-0.8%), Hera (-0.5%), Enel (-0.6%), Italgas (-0.3%), Snam (-0, 2%). Good Stellantis (+ 0.3%) while Chn (-0.7%) and Ferrari (-0.1%) are in the red. (HANDLE).

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Source From: Ansa

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