Stock market: Milan unchanged, A2a sprints, Unicredit and Banco – Italia-Mondo weak

by times news cr

2024-04-29 18:06:32

(ANSA) – MILAN, APRIL 29 – Piazza Affari appears unchanged after more than 6 hours of trading, with the Ftse Mib index unchanged at 34,239 points. The spread between German 10-year BTPs and Bunds fell to 132.8 points, with the Italian annual yield falling by 5.6 points to 3.85% and the German one by 4.3 points to 2.53%. A2a takes the lead (+3.4%), boost to Kepler analysts, who expect an increase in estimates for the entire financial year and in view of the quarterly report on May 14th, after the signals launched by the CEO Renato Mazzoncini in meeting last April 24th. Purchases also on Erg (+2.24%), Poste (+1.57%), Iveco (+1.35%) and Bps (+1.17%). The rest of the banking team, however, fell, from Unicredit (-1.14%) and Banco Bpm (-0.8%) to Mps (-0.78%) and Intesa (-0.38%). Eni holds (+0.3%), despite the drop in crude oil (WTI -0.74% to 83.22 dollars per barrel), which penalizes Tenaris (-1.2%), penalized by the cut in the recommendation from ‘outperform ‘ to ‘neutral’ by Intermonte analysts. Among the smaller capitalization stocks, Ariston appears cautious (+0.16%) after the nationalization announced by Russia for the group’s local activities. (HANDLE).

2024-04-29 18:06:32

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