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Mps effect: Milan bringing up the rear. Only Mediobanca and Unicredit are resisting the bear

Under the Monte Paschi effect, the Milan Stock Exchange loses: today it is the worst in Europe – The Btp-Bund spread is stable, above 260bps – The best stock among the blue chips is Autogrill: there is persistent talk of the next spin off of airport duty free activities – Mediobanca and Unicredit also resist the bear – Male Finmeccanica

Mps effect: Milan bringing up the rear. Only Mediobanca and Unicredit are resisting the bear

MPS EFFECT: MILAN LIGHTING UP THE RAIL OF THE MARKETS
ONLY MEDIOBANCA AND UNICREDIT RESIST THE BEAR

La Milan Stock Exchange, under the Monte Paschi effect, lost 0,73%. The Ftse Mib index, at 17.587, is the worst in Europe.

London climbs 0,08%, Paris loses 0,29% and Frankfurt gains 0,24%.

to 13 MontePaschi marks a drop of 7,03% to 0,258. For now, the attempt to rebound has failed after the first dramatic prices of the morning (opening at 0,2502 -9,1%) linked to news of hidden losses on derivative contracts.

Stable the spread at 263 points with a yield of ten-year BTP al 4,2%.

Petroleum slightly down, with a drop of 0,1% for both Wti and Brent.

The euro climbs again and reaches 1,333 against the dollar, from 1,329 in early morning trading (1,332 at closing last night).

Discounts for others too banks: Banco Popolare drops by 2,28%, Ubi -12,42%, Pop.Milano -1.96%. Intesa loses 2,2%.

In reverse Mediobanca yields only 0,04%, Unicredit rises by 0,06%: both were promoted by Morgan Stanley.

Between the Milanese blue chips the best stock is Autogrill, up 1,53%: there is once again insistent talk of the forthcoming spin-off of airport duty free activities.

Among the worst titles there is Finmeccanica, down by 3,38%: the rumors of the Sole 24 Ore according to which the sale of Ansaldo Energia will be frozen until after the political elections weigh heavily.

Weak Fiat, down by 1,53%%. StM -0,4%.

They also go down Enel -1,27% Eni -0,26% and Telecom Italy -1,74%.

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