Negative week end for European stock exchanges, weakened by inflation data, which accelerates again in the Old Continent, marking a new record. The aggressive monetary policy of the ECB is also partly of concern. Yesterday’s interest rate hike was expected, but there could be more in the coming months. Furthermore, the macroeconomic data coming from various European countries does not bode well, while Wall Street is rising, but is still partly affected by a troubled technology sector. Milan closed losing 0.27%, at 22,529.20 points. The spread between BTPs and German Bunds continues to travel around 205 basis points. On the main list of Piazza Affari, Stm suffers (-2.17%), given the difficulties of all the semiconductor companies in the West. Eni’s quarterly data are instead promoted by investors. The stock gains 1.69%, with the company clarifying how it will conclude its € 2.4 billion share buyback program by the end of the year. By 31 December 2023, Eni will then place one or more bonds with the public in Italy. The total amount of the bonds will not exceed 2 billion euros. Saipem (+ 1.06%), Banco Bpm (+ 1.16%), Banca Mediolanum (+ 1.22%), Unipol (+1) will also rise. , 52%), Leonardo (+ 1.64%) and Recordati (+ 1.78%). At the bottom of the list, however, Tenaris (-3.16%), Campari (-1.06%), Cnh (-1.08%), Iveco (-2.02%), Moncler (-2.31% ) and Snam (-1.52%). (in collaboration with Money.it)
