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. 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.
Sales on banks with Mps (-1.3%), Intesa and Unicredit (-1.1%), Banco Bpm ( -0.9%), Bper (-0.7%). 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%).