The Milan Stock Exchange follows the European markets and Wall Street and closes worse than the others on fears that the Fed will take more time and not cut rates in June. Azimut in particular ended up under pressure (-4.7%) which has a new digital bank in its belly which will be the result of the spin-off of a part of the network.
Sales then on Cucinelli (-3.9%) and Diasorin (- 3.7%). Stellantis also performed badly (-3%) which, with markets closed, indicated falling sales in March in Italy.