A difficult Wednesday in Piazza Affari, which is currently the most negative of the European stock exchanges. Above all, Milan is penalized by sales in the banking sector. Shortly after 14 pm, the Ftse Mib index dropped by 1,58%% and the Allshare by 1,57%. Sales are plentiful on all price lists, but the banks are particularly affected. The worst is Mps (-4,07%%): traders and analysts explain the sharp drop in the share by recalling that "the placement of the Foundation's privileged shares, which began last June 2,36st, is still in progress". Pop Milano was also down, down by 3%, after the sharp decline already recorded yesterday due to fears related to the meeting of the board of directors following Bank of Italy's observations on the institution's credit risk. Ubi and Intesa Sanpaolo lose 0,88 and 7,43% respectively. Among the insurance companies, Unipol leaves 8% on the ground, but had managed to sell more than 0,3998%, at the minimum for the year (€XNUMX per share).
Shares in the red also in the energy sector, with Eni and Enel down by 1,24 and 1,30%. Instead, speculation on Telecom Italia media: after a strong start, the stock dropped by almost 10%. It is currently down 5,29%, for a trading level well above the average. The expectations of Michele Santoro landing on La7 are always the main considerations, which yesterday caused the shares to jump by 17,5%. In general, the mood of the markets is not the best also due to the statements of the president of the Fed, Ben Bernanke, who did not offer any indications on new stimulus measures for the US economy. “The impression is that the market is a bit unloaded – observes a trader interviewed by Reuters – and that nobody is willing to think about the medium term but only about speculative movements. It can be said that any unknown factor, such as that of Greece, is amplified in a negative way”. At the European level not a single list is in positive territory: the losses of London, Frankfurt and London are all around one percentage point.
