Mid morning Business Square collapses by about two percentage points, making it the worst price list in Europe. Frankfurt limits the damage to -0,32%, Paris to -0,48% and London to -0,11%.
They weigh on Milan above all bank stocks, sunk by two main factors: on the one hand political instability, after yesterday PDL MPs have announced their resignations en bloc in the event that Palazzo Madama gives the definitive go-ahead for the forfeiture of Silvio Berlusconi from Parliament; on the other, the uncertainties regarding the Telefonica-Telecom operation.
The worst title on the list is Where's Banca, which drops 4,39%, followed by Banco Popolare (-4,32%), Intesa Sanpaolo (-4,14%), Banca Pop Emilia Romagna (-4,11%) And Mediobanca (-4,06%).
The only title to travel in positive territory is to Telecom Italy, which in the same minutes gained 1,84%, after yesterday's -4,6%. The shares of the TLC group, in any case, remain subject to high volatility.
Meanwhile, it spread between BTPs and German Bunds it is up above the threshold of 245 points, for a yield on the Italian ten-year bond which returns towards 4,3%.
Starting down slightly this morning for the euro, trading at $1,3516. Stable instead their on the Asian markets, at 1.332,4 dollars an ounce. The price of Petroleum it is slightly down below 103 dollars a barrel.
