Share

by Marzio Quaglino Milan 07 July 2020 Negative session for the European squares. In the wake of the Asian stock exchanges, the markets sell to collect the earnings of the last few sessions. Milan, however, goes against the trend. Despite the gloomy forecasts of the OECD on GDP, the main index rises by 0.08%.

The drop for London, Frankfurt and Paris is around the percentage point.
Prysmian shines on the Piazza Affari price list (+ 2.40%), while Telecom sells 2.36% in view of a new competitor on fixed telephony in Italy.

On the government securities market, the spread was stable at 166 basis points, with the 10-year BTP yield at 1.24%.