Stock market: Milan runs (+2%) with banks and BTPs, Intesa and Unicredit stand out

Sitting on the shields for Piazza Affari, which is riding the positive mood that has spread across the markets after the outcome of the American elections, the result of which was not contested by President Donald Trump, to which is added the easing of fears of an escalation in Iran.

The Ftse Mib advances by 2.05% to 50,960 points driven by purchases on banking stocks, led by Intesa and Unicredit (+4.6%), followed by Fineco (+4.1%), Buzzi (+4.1%), Bper (+4%) and Mps (+3.9%), while tension on government bonds eases. The yields on ten-year BTPs are down by 7 basis points, to 4.39%, with the spread with the Bund decreasing by almost five points, to 108. However, defense and aerospace stocks are bucking the trend, with Avio (-3.2%), Leonardo (-1.9%) and Fincantieri (-1.6%)