Stock Exchange: Milan slows down (+ 0.6%), Tim, Nexi and Saipem weigh

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(ANSA) – MILAN, 08 FEB – Accelerate Piazza Affari slows down after two hours of trading, with the Ftse Mib index limiting the rise to 0.55% at 26,473 points. The spread between 10-year BTPs and ten-year Bund tenders fell to 155.4 points, with the annual yield down by 1.6 points to 1.762%. Tim (-1.72%) and Saipem (-0.9%) reverse their course, down again after the initial attempted rebound. Sales also continue on Nexi (-1.61%), while Buzzi (-0.9%) and Ferrari (-0.58%) are down. On the Bper (+ 2.4%) and Unicredit (+ 1.87%) shields, while Leonardo slows down (+ 1.55%) and Mps continues to shine (+ 8.6% at 1 euro) in the aftermath of the accounts and the change of CEO, with Luigi Lovaglio succeeding Guido Bastianini.

Purchases on Unipol (+ 2%) and Intesa (+ 1.53%), while Banco Bpm is more cautious (+ 0.75%).

Iveco (+ 1.37%) and Stellantis (+ 1.24%) reduced the increase, while Cnh (+ 1%) and Exor (+ 1.14%) improved, upstream of the control chain. They do better than the Prysmian index (+ 1.08%, Mediobanca (+ 1.14%), Poste (+ 1.06%) and Stm (+ 0.64%). Cauta Eni (+ 0.55%), even with WTI crude oil down 1.86% to 89.6 dollars a barrel, Moncler is sluggish (+ 0.14%). (ANSA).

Source: Ansa

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