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by Chiara Rancati

Milan 30 July 2021 European stock exchanges continue in red.

Milan expands losses to -0.53%;

Frankfurt still the worst, down by more than 1 percentage point.



Among the securities, Unicredit shines in Piazza Affari, up by more than 4% after the formalization of the launch of exclusive negotiations with the Ministry of Economy for the acquisition of part of the activities of Monte dei Paschi di Siena, nationalized in 2017. Also the shares of the Tuscan institute very well, gaining 6.66%.

Saipem, on the other hand, is very bad, worse than the Ftse Mib list after very disappointing quarterly accounts. 



On the government bond front, the spread between BTPs and German Bunds, after hitting 110 basis points at the opening, decreases to 107; yield on the Italian ten-year stable at 0.63%, while that of the Bund still falls compared to yesterday, now at -0.44%.