Stock Exchange: Milan earns (+ 0.7%) with utilities and banks, Tim flies

(ANSA) – MILAN, 20 JAN – Positive closing for Piazza Affari (+ 0.7%), after two days of decline, and at the best of the main European stock exchanges. In Piazza Affari, Tim ran (+ 3.3%), at the top of the main list after three sessions in decline. Utilities did well, with examples such as Enel (+ 2.8%) and A2a (+ 2.1%), in industry above all Buzzi (+ 1.8%). Earnings for pharmaceuticals, with Recordati (+ 1.5%) and Diasorin (+ 1.2%). Bene Generali (+ 0.8%), which is awaiting the new board. Almost all banks are positive, from Fineco (+ 1.2%) and Intesa (+ 0.6%) to Banco Bpm (+ 0.3%) and Bper (+ 0.1%), almost flat Unicredit (-0 , 02%), Mediobanca sold something (-0.3%), with the BTP-Bund spread closing down at 132.7 points and the Italian ten-year yield down to 1.30%.

Oil has not done well, from Saipem (-1.3%) to Eni (-0.9%), with the exception of the Tenaris plant (+ 0.3%), despite the fact that crude oil has turned positive since late afternoon (wti + 0.1% in the evening) at 87 dollars a barrel and brent at 88.8 dollars. In decline among Stellantis cars (-1%), which became heavy on Wall Street in the evening, after the sale of 35 million shares by the Chinese Dongfeng, and among Pirelli components (-1.1%). Among the smaller capitalization stocks, heavy losses for Borgosesia (-6.5%) and Tesmec rally (+ 18.6%). (HANDLE).

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Source From: Ansa

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