Dividends penalize Piazza Affari

A negative start to the week for European stock exchanges, struggling with worse than expected indications from Chinese GDP in the third quarter (-4.9%) and US industrial production, which fell by 1.3% monthly in September. In addition to these factors, Piazza Affari also had to face the coupon detachment of four big names of the caliber of Banca Mediolanum (-7.36%), Generali (-2.05%), Intesa Sanpaolo (-3.24%) and Unipol (-4.71%). In this context, the first session of the week of the Ftse Mib ended at 26,268.62 points, -0.83% compared to the previous figure, while the BTP-Bund spread did not register significant changes, confirming itself at 105 basis points. red also for Pirelli (-1.46%), CNH Industrial (-1.06%) and Stellantis (-1.82%). The car manufacturer has signed a memorandum of understanding with LG Energy Solution for the creation of a joint venture aimed at the production of cells and battery modules for North America. In the sector of public utility companies, -0.98% for Hera and closing in substantial parity for Enel (-0.19%) and Snam (+ 0.23%). Among energy, red for Tenaris (-0.59%) and Saipem (-1.28%) and + 0.23% of Eni on the day in which the Brent futures are slightly red at 84.7 dollars a barrel (-0.2%). Top performer is the pair Banco BPM -BPER Banca (+ 2.18% and + 1.58%), still in the odor of extraordinary transactions, while Intesa Sanpaolo (+ 0.65%) and UniCredit (-0.97%) showed a two-speed trend. (In collaboration with money.it)