Milan Stock Exchange in the name of prudence, spread down

Ending in the name of prudence for European stock exchanges on the eve of tomorrow’s important appointments, when the board of the European Central Bank meets and the update on inflation trends will arrive from the United States. On the Ftse Mib, which finished with a -0.26% to 25,741.75 points, the performance of Nexi stands out again today with a positive increase of 2.74%. Money also among public utility companies: Hera ended with + 1.8%, Terna with + 0.34%, A2A with + 1.76% and Enel closed flat (+ 0.01%). A2A and Ardian have signed a non-binding agreement that establishes the main terms of a partnership in the generation and supply of energy in Italy, while the group led by Francesco Starace has announced that Enel Finance International has placed a “Sustainability-Linked bond” of 3 , 25 billion euros in three tranches, linked to the achievement of Enel’s sustainability objective relating to the reduction of Direct Greenhouse Gas emissions. In the banking sector stands + 0.83% of Bper Banca, behind Banco BPM and UniCredit ( + 0.36% and + 0.22%) while Intesa Sanpaolo recorded a red in line with that of the blue chip basket (-0.26%). A negative sign also for Ferrari shares (-2.65%) which announced the appointment of Benedetto Vigna as Chief Executive Officer. The Maranello house found itself in the spotlight also in the wake of rumors about the possibility of Armani entering the capital. Autogrill is also in red (-1.81%) which announced that the capital increase in option (13 shares for every 25 held) will be carried out at 4.59 euros per share (discount of 27.9%). On the government bond front, the BTP-Bund spread fell by 2% to 102 basis points on the day the Treasury placed one-year Bots for 7.5 billion. With bids for € 10.3 billion, the 12-month bond saw its yield drop by 5 basis points to -0.490%. The Ministry of Economy today issued a note announcing that the BTP 10 launched via syndication has registered requests for 67.7 billion euros. The largest share of the placement was underwritten by fund managers (60.6%), while the banks underwrote 22.3%. Investors from around 35 countries participated and foreigners won most of the issue (85.4%). (in collaboration with money.it).