A few jokes and the
Milan stock exchange changes course
, the Ftse Mib turns upwards, gaining 0.5 percent, the only one up in Europe.
On the shields Tim (+ 4.8%) together with Finecobank (+ 3.9%) and well-bought banks.
Bpm rose by 1.7%, Nexi by 1.7%, B by 1.1%.
Energy stocks were weak with Eni down 1.1% and Enel down 0.74%.
Spread between BTP and Bund at 231
basis points close to Friday's close
(
230 points) the day after the elections.
After a drop to 223 points, the differential then rose again.
The yield of the Italian 10-year is increasing to 4.41%.
Euro prices still down
at the start of the week: the single European currency changes hands at 0.9648 against the dollar against the value of 0.9693 on Friday's closing in New York.
The pound sterling was also down, reaching historic lows of 1.03 against the US currency while the euro recovered against the yen at 138.85 (+ 0.58%).
The
European stock exchanges start down the first session of the week.
Investors focus their attention on how the global economy moves as the risks of recession increase.
We also look at the tensions on government bonds and the political evolution in Italy after the vote.
Start-up in decline for Paris (-0.67%), Frankfurt (-0.43%) and London (-0.1%).