Attempt to recover from the minimum of the day for Piazza Affari and the other EU stock exchanges. The Ftse Mib, which at the start of the day had managed to lose 4% (minimum at 25,893 points), lost 1.9% in the area of 26,400 points. There are some positive signs with Snam at the top of + 1.7%. Saipem also did well with + 0.4%. Banks are still among the worst with -5.3% Unicredit, -4.3% Intesa Sanpaolo and -4.11% Bper. Banco BPM recovered (-2.1%) which at the start had managed to score over -7%.
The fears related to the escalation of the Ukrainian crisis are holding the market. The risk of a Russian invasion of Ukraine rose significantly over the weekend. Several nations, including the United States and the United Kingdom, have advised their citizens to leave Ukraine. In recent hours, US President Joe Biden, according to reports from the White House, told Ukrainian President Volodymyr Zelensky that the United States, together with its allies, “will respond quickly and decisively” to an aggression by Russia.