Borsa Milano today, the tension on Deutsche Bank fades. Good Piazza Affari

Positive day for the European Stock Exchanges. Sentiment remains nervous following Friday’s decline on banking sector concerns, with a sharp slide for Deutsche Bank. However, today the stock of the German group rebounds around 6%, with the lists of the main markets of the Old Continent celebrating. Not only that: First Republic is making a lot of progress in the US, with investors more optimistic about the health of credit institutions. The bank has come under severe pressure in recent weeks after the failures of Silicon Valley Bank and Signature Bank.

The price of gas dates back to the TTF in Amsterdam, at 43 euros per megawatt hour. The price of oil also climbed, with Brent and WTI advancing by more than 1.5%. In Milan, the Ftse Mib is gaining: it marks an increase of 1.22% and closes at 26,206.67. The spread between BTPs and German Bunds is down, hovering around 178 basis points. The yield on the 10-year bond therefore grew, around 4.05%.

The banks are doing well on the main list of Piazza Affari. Intesa Sanpaolo rises by 0.38%, Unicredit by 1.23%, Banco Bpm by 1.03% and Bper by 1.18%. Also highlighted are Iveco Group (+3.34%), Prysmian (+2.75%), Italgas (+2.78%), Leonardo (+2.86%), Recordati (+2.94%) and Saipem (+3.62%). On the other hand, Diasorin (-3.97%) is behind, after presenting the accounts for 2022. The diagnostics company expects to close 2023 with revenues down by 14% and an adjusted Ebitda margin of 34%. Finally, Monte dei Paschi di Siena remains very volatile (today it is down by 3.48%). (in collaboration with