Milan closes unchanged, down UniCredit and Intesa

The closing of the Milan stock exchange was not very moving, on the highest levels since 2008 pending the important appointments on Thursday, when the meeting of the European Central Bank is scheduled and the release of the data relating to US inflation in May. In Piazza Affari, where the Ftse Mib stopped at 25,809.16 points (-0.06%), the best performance was recorded by Banca Mediolanum shares (+ 1.92%) while Banca Generali finished with a +1 , 21%. Positive day also for Nexi (+ 1.86%) and CNH Industrial (+ 1.18%) The Leonardo stock closed unchanged (+ 0.03%) after the announcement of the agreement for the acquisition of 70% of the share capital of Alea, a company specializing in mission and business critical communication software, with the option of a subsequent acquisition of the residual 30%. Among the worst performances of the Ftse Mib we find those of two heavyweights of the caliber of Intesa Sanpaolo (-1.03 %) and UniCredit (-1.07%). On the other hand, the oil sector contrasted with -0.37% of Tenaris, -0.72% of Saipem and + 0.4% of Eni. From the judgments front, the Fitch agency confirmed the valuation on Banca MPS (parity) while Moody’s raised the outlook on Atlantia’s rating to “positive” (-0.47%). Day to forget for Wiit (-8.04%), struggling with the placement of 7.7% of the capital. Announced yesterday, the new syndicated 10-year BTP was put on the market this morning, collecting requests for over 65 billion euros. The decidedly positive reception for the new benchmark stock reversed the direction of the spread which, in positive mid-session, ended in red by more than one percentage point at 104 basis points. (in collaboration with money.it).