Stock Exchange: Milan is better (+ 0.6%), many banks are positive

(ANSA) – MILAN, JANUARY 20 – Piazza Affari improves (+ 0.6%) towards the end of the session, in line with the majority of the other main European stock exchanges, which are still lagging behind the optimism of Wall Street. In Milan, where the BTP-Bund sprread is stable at 133 points and the Italian ten-year yield is 1.299%, some banks have turned positive, such as Intesa (+ 0.5%), Banco Bpm (+0.3 %) and Unicredit (+ 0.1%), non-Bper (-0.08%) and Mediobanca (-0.2%). Fineco (+ 1.1%) and Mps (+ 0.5%) remain on the rise. Paytech Nexi is doing well. Enel is still at the top of the main list (+ 2.6%) and utilities in general are doing well, with examples such as A2a (+ 1.9%). Accelerates Tim (+ 2.3%), after three days in decline. Earnings Generali (+ 0.9%), which is waiting for the new board.

Saipem (-1.6%) and Eni (-0.8%) are in the red, while the Tenaris plants have changed sign (+ 0.09%), with crude oil turning positive (wti + 0.7%) at 87.5 dollars a barrel and brent at 88.7 dollars, with the EIA reporting an increase in crude oil inventories. Among the cars bad Stellantis (-1.3%) and among the Pirelli components (-0.7%). Among the smaller cap stocks, there was a sharp decline for Intek (-5.2%), while Tesmec ranks (+ 12.6%). (HANDLE).

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Source From: Ansa

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