Stock Exchange: Milan Stock Exchange Opens Slightly, FTCI Mib -0.49% After Voting – Economy
there Milan Stock Exchange It opened down 0.49% with Ftse Mib at 20,966 points. Analysts explain that “the election result was basically in line with expectations.” Energy stocks such as Eni (-1.3%), Enel (-1.4%), Tenaris (-1.4%) are also weak on the falling list. In contrast, Tim (+ 1.44%) and Finecobank (+ 2.6%). Off the main menu, MPS is invaluable and represents a theoretical reduction of 33%.
Spreads between BTP and Bund at 231 basis points close to Friday’s close (230 points) the day after the election. After dropping to 223 points, the spread rose again. The 10-year Italian yield rises to 4.41%.
Euro prices are still low At the beginning of the week: the single European currency traded at 0.9648 against the dollar against 0.9693 at Friday’s close in New York. The British pound also fell, reaching its historic lows of 1.03 against the US currency while the euro recovered against the yen at 138.85 (+0.58%).
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