Travel in decline Business Square, in the wake of the others European stock exchanges, in the last session of the week. The changing policies on the Trump's tariffs which have fueled uncertainty in global markets. After opening with a slight loss, the Ftse Mib extends its decline following early trading.
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On the individual stock front, the brands of the luxury within Salvatore Ferragamo which is sinking on the stock exchange, after the 2024 accounts in the red and dragging down the entire Milanese luxury sector. Moncler e BRUNELLO CUCINELLI in fact they travel in negative territory
Reverses the course Banca Popolare di Sondrio. In energy, good Terna e SaipemThe group is also positive Hera. Travels slightly upwards too Eni.
Instead, he loses Leonardo following the announcement made yesterday by CEO Roberto Cingolani of signing of the memorandum of understanding with the Turkish Baykar for the development of drones.
On the currency front, theEuro opens higher above $1,08, hitting a new four-month high. The single currency is trading at $1,0823 (+0,33%) and is slightly down against the yen at 159,54 (-0,08%). The dollar/yen exchange rate is down at 147,41 (-0,42%).
In the bond market, the rate continues to rise spread between Italian BTPs and their German counterparts BundsThe spread opens at 109,3 points, up from yesterday's close of 105,5. The 3,93-year yield is trading steady at around XNUMX%.
