The Milan Stock Exchange accelerates and shines in Europe with the Ftse Mib gaining 1% to 31,641 points, reaching its highest level since June 2008. In the main list Prysmian (+5.5%) is flying, after three contracts for 5 billion, and Stellantis ( +5.3%), with record numbers in 2023.
In the Old Continent, Paris (+0.9%) and Frankfurt (+0.7%) are also on the rise.
There was little change in London (+0.06%), with GDP data indicating the United Kingdom is in recession, and Madrid (+0.01%).
Government bond yields fell slightly.
The spread between BTPs and Bunds stands at 150 points, with the yield on the Italian ten-year bond at 3.8%.
Negative performance for banks on Piazza Affari.
In the red are Banco Bpm (-2.5%), after the exit of the Crt foundation, Bper (-2.4%), Mps (-1.9%), Unicredit (-0.6%), after the Sole indiscretions 24 Ore according to which the bank led by Andrea Orcel is in exclusive negotiations with Prelios for the management of NPLs, and Intesa (-0.1%).
The luxury sector is highlighted where Moncler (+3.1%) and Cucinelli (+1.1%) are on display.
Purchases also for Diasorin (+3.3%), Leonardo (+2.5%), Campari (+2%) and Amplifon (+1.8%).
Reproduction reserved © Copyright ANSA