Piazza Affari closed negative, still sales on utilities

The wait continues for the words that the number one of the Federal Reserve, Jerome Powell, will pronounce tomorrow at the Jackson Hole symposium. Uncertainty prevails on the markets as there is fear that the banker may announce its intention to start reducing purchases of assets intended to combat the deleterious effects of the pandemic. Basically in line with the trend of the other European lists, our Ftse Mib thus ended the session at 25,861.52 points (-0.76%) while the spread between our BTPs and the Bunds did not record any significant changes. confirming itself at 108 basis points. This morning the Ministry of Economy placed BTP Short Term to 2024 for 2.75 billion euros and BTPEi 2026 for 1 billion. In the first case, the yield was confirmed at -0.29%, in the second it was -1.2%. On the basket of blue chips there was a new bad day for utilities (-2.25% for Terna, -2.58% for Italgas and -1.92% for Snam). It limits Atlantia’s losses (-0.16%) in the wake of the news that the subsidiary Abertis has reached a binding agreement regarding the sale of the entire shareholding (35%) of the French company A’lienor. Fewer signs also among banks (-1.09% for Intesa Sanpaolo, -1.02% of UniCredit) and on the combination formed by Cnh Industrial and Stellantis, which fell by 1.06% and 0.93% respectively. Minus 0.45% for Exor which, as part of the capital increase, will pay € 75 million into the Juventus coffers (+ 1.18%). (in collaboration with money.it).