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Stock exchange down with Telecom and banks

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The Milan Stock Exchange indices conclude their last weekly session down (Ftse Mib -0.66% to 24,199 points and All Share -0.51% to 26,341) on the wave of new geopolitical tensions between the United States, Russia and China and for the fear of a return of inflation and an increase in government bond yields. Black jersey of the day among the blue chips for Tim (-7.37%) victim of the uncertainties on the single goal and of the achievements after the recent rally that pushed it to the highs for 12 months. Financial stocks also declined, in particular Bper (-3.98%) after Unipol (-1.45%) decided to mark a discontinuity at the top and to reshuffle the cards on the M&A front; among others in the Unicredit sector -3.42%, Intesa Sanpaolo -1.49% and Poste -1.10% on the day of presentation of the Plan to 2024. Industrials contrasted with Stellantis -3.52% and StMicroelectronics +1, 35%. In energy, Eni -1.59% but Enel + 3% round the clock and Snam + 2.62%. In the medical sector, Diasorin advanced by + 2.14%.

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