Stock Exchange: Milan closes up with Europe, luxury slips

Steel, Francesca Re David:

(ANSA) – MILAN, NOV 10 – The Milan stock exchange (+ 0.44%) recovered in the final and closed up, in line with the other European lists. Rcs (+ 11%) and Mediaset (+ 6.9%) fly to Piazza Affari, after the positive performance of the nine-month accounts. The third day of placement of the BTP Futura closes with a collection of almost 704 million, bringing total demand to 2.67 billion. Meanwhile, the spread between BTP and German Bund closes slightly up to 118 points, with the yield of the Italian ten-year at 0.93%.

Positive trend for the car with Stellantis (+ 2.5%), Cnh (+ 1.9%). Also in light Tim (+ 1.7%), on the eve of the extraordinary board of directors, Nexi and Leonardo (+ 1.2%). Among the banks are Unicredit (+ 1.3%), Carige and Mediolanum (+ 1.2%), the latter after the accounts. Intesa also did well (+ 0.2%), while Bper (-0.5%) and Banco Bpm (+ 0.07%) closed weak.

Negative session for the luxury sector with fears of a slowdown in the market in China. Sales on Moncler (-1.1%), Ferragamo (-4.2%), Tod’s (-2.8%). Tenaris (-3.3%), Banca Generali (-2.1%) and Stm (-2%) slip into the main list.

(ANSA).

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Source From: Ansa

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