(ANSA) – MILAN, 02 NOV – The Milan Stock Exchange (-0.3%) slows down, weighed down by the negative trend of utilities.
Piazza Affari is in line with the other European lists while the spread between BTP and Bund falls to 126 basis points with the Italian ten-year yield at 1.13%.
Tim slips (-2.4%). In no particular order, the banks with Unicredit selling 1% and Mps 0.3%. Positive terrain was Bper (+ 0.9%), Banco Bpm (+ 0.4%), Carige (+ 0.5%) and Intesa (+ 0.1%), in view of the quarterly reports. The automotive sector is in the red with Stellantis (-0.4%), Ferrari (-0.3%), Cnh (-0.9%), Pirelli (-0.3%) and Brembo (-0.7 %). The oil-related stocks are bad with Tenaris and Eni (-1.2%), Saipem (-0.7%).
Among the utilities, negative performance for Hera (-1%), A2a (-0.7%), Enel (-0.5%), Italgas (-0.4%), flat Snam. Nexi’s race continues (+ 2.1%). Campari (+ 1.1%) and Stm (+ 0.6%) also did well.
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Source From: Ansa
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