The Milan Stock Exchange is moving just above parity at mid-session. The Ftse Mib is up +0.08% and remains below 52,000 points.
Moncler continues to lead the gainers (+2.49%), followed by Prysmian (+1.83%) after its 5.5 billion deal with Molex. Among other stocks, strong performance in the energy sector from Saipem (+1.38%) and, in industrials, from Stellantis (+1.18%).
On the opposite side, selling pressure is weighing on Avio (-2%). Tim loses 1.71% on the first day of the public takeover bid by Poste (-1.15%). Terna (-1.16%) and Inwit (-1%) are also in negative territory.
The spread between BTPs and Bunds falls to 81 basis points, with the yield on the Italian ten-year bond barely moving at 3.94%.
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