Home Business Enel still struggles today on the Ftse Mib, title updates the minimum since November 2018

Enel still struggles today on the Ftse Mib, title updates the minimum since November 2018

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A new difficult session for Enel, which is suffering along with the entire utility sector. The stock of the largest Italian utility marks -2.99% to 4.41 euros after hitting a minimum of 4.36 euros, the lowest level since November 2018. Since the beginning of the year, the stock has recorded over -38 percent.

Tensions on the yield front are weighing today, with the 10-year BTP rate reaching 4.6% and the BTP-Bund spread above 250 for the first time since 2020.

Among the utilities, the worst today is Terna (-3.1%) on which Citi reiterated the sell recommendation.

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