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Banks are back in the red: Milan closed down by 0,7%

Particularly strong losses for Monte dei Paschi (0,69%) - Eni and Tenaris also badly - Fiat continued to gain after Marchionne's statements on the repayment of the loan to the US and Canadian governments

Banks are back in the red: Milan closed down by 0,7%

Bad day for the Milan Stock Exchange, which accelerated downwards in the afternoon. It closed down 0,7%. Sales in the banking sector are back: Popolare di Milano sold 3,04% at 1,883 euros, Banco Popolare 2,93% at 1,79 euros, Unicredit 2,87% at 1,523 euros, Monte dei Paschi 0,69 .0,86% at 0,68 euro, Intesa SanPaolo 1,749% at 0,74 euro, Ubi Banca 5,37% at 1,28 euro. Telecom Italia also did badly (-0,962% to XNUMX euros).

Eni is also in negative territory, -0,67% at 16,24 euros. Yesterday, the Telegraph announced the closure of Shell's offices in Kazakhstan, following the failure to reach an agreement to develop phase 2 of the Kashagan field, assuming the stop of the project for at least a couple of years. In addition to the Italian oil giant (with a 16,81% stake), the consortium for the development of Kashagan also involves Exxon, Total, KMG, Inpex and Conoco. After a brilliant start, Fiat Spa changed direction and closed with a +0,63% at 7,08 euros. After having risen to 46% of Chrysler, at the same time as the repayment of government loans by the Detroit giant, Lingotto is already thinking about exercising call options to grow by a further 8,3%, or to 54% of Chrysler's share capital Chrysler before the close of second quarter 2011 results (end of July).

Enel snatched a +0,64% to 4,70 euros. The news of the imminent launch of nuclear stress tests, which will begin in June and end in April next year and will include checks on catastrophic events, terrorism and the crash of planes, will keep the news.

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