Cautious Europe, Saipem-Corriere.it rises in Milan
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Stock markets of the Old Continent grow slightly at the start of the day: Amsterdam opened up 0.6%, with Paris and Madrid up by half a percentage point. The London and Frankfurt Stock Exchanges are more cautious, rising by 0.4%, with Moscow flat. In the early stages, the Milan Stock Exchange performed best (+0.7%)(here the trends in real time).
Opening up for the spread between BTPs and German Bunds. The differential stands at 164 points against 163 at yesterday’s closing. The 10-year rate rises to 3.966%. Christine Lagarde’s speech at the Sintra Forum organized by the ECB is expected today in Portugal.
On the price list
Piazza Affari rises in the early stages of trading. The two new contracts in offshore drilling for a total value of approximately 550 million dollars push the Saipem stock, which ends up being the best from the start and earns 2% at the top of the Ftse Mib. Energy (Enel +0.36%, Eni +0.45%), industrial (Pirelli +0.32%, Stellantis +0.95%) and Tim with +0.16% are well matched on the list. Among the financials, Unicredit +1.60%, Intesa +0.96% and Generali at +0.41%.
Currencies
The euro opens higher above $1.090. The single currency changed hands at 1.0919 dollars (+0.15%) and 156.75 yen (+0.15%). The dollar/yen exchange rate moved little at 143.53 (+0.03%).
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