The Milan Stock Exchange (.1%) slows down, in line with other European stock exchanges. A negative climate returns to the markets after Israel's retaliatory attack on Iran.
S&P's decision on Italy's rating is expected in the evening. The spread between BTPs and Bunds changed little at 142 points. The yield on the Italian ten-year bond stood at 3.89%. Saipem (-2.8%), Stellantis, and Popolare Sondrio (-1.8%) slipped on the Piazza Affari. A negative trend also for luxury with fears that sales will be due to geopolitical tensions. Moncler (-1.7%) and Cucinelli (-1..6%) fell sharply. Bad Tim (-1..1%), grappling with the renewal of the Board of Directors and with the sale of the Network. Energy and utilities fell with Eni losing 0.8% and Enel 0.4%. Among the positive stocks: Campari (-0.3%), Terna, and Amplifon +0.1%).