Shareby Tiziana Di Giovannandrea February 28, 2020 The worst crisis since 2008 is that experienced by the world stock exchanges, European and also by the Italian stock exchange as a direct consequence of Coronavirus. The emergency has completely changed the face of the stock markets in this first part of 2020.
The European balance of the first 2 months of the year is negative for all the lists with London being more penalized with a -12.7% and Milan which in any case was able to limit more than all the damages deriving from the Coronavirus effect with a -6.5%.
The last session of the week was heavy for Piazza Affari which, in a very nervous and volatile climate, underwent the effect of Covid-19 together with Europe.
The Ftse Mib index closed down 3.58% after having touched a fall of five percentage points, the Ftse All share down 3.47%. In Milan, among the main stocks, the biggest drops were accused by Snam, which lost 4.47% on the crude oil slide, with Hera down 5.7%, Eni and Tim 5.1%. A2a also fell badly by 4.9%, while Terna and Atlantia lost 4.8%.
In the financial sector, Bper sold 4.7%, Poste 4.6% and Mediobanca four percentage points, with Intesa down 3.9% and Unicredit by 3.8%.
He tried to keep Pirelli (-1.5%), with Nexi down one point, Juventus on par, Prysmian up 0.4% and Amplifon in sharp contrast with a final increase of 2.6%. The performance also went against the trend with today's rebound of 1.56%, including the Brunello Cucinelli Spa stock. The Umbrian maison of luxury cashmire closed the week at 30.00, limiting the losses of the two black days of Monday and Tuesday.
Started not far from the threshold of 25 thousand points, the week in Piazza Affari closed at 21,984.21, -3.58% compared to the previous figure.
The price of the Milan stock exchange, at the closing session of the week, was dragged downwards, like the European stock exchanges since the downturn in Wall Street. The Dow Jones lost up to 4% and then settled at 2% when the European stock exchanges closed.
Specular trend for the yield differential with German securities, the spread , which in five sessions went from 133 to 174.1 points (+ 6.74% compared to yesterday).
The government to contain the economic damages resulting from the Coronavirus has prepared two decrees.