Borsa: Milano scivola in avvio, Ftse Mib -1,18%

The Italian stock market opens lower, with the Ftse Mib index down 1.18% at 49,360. Oil companies and banks are experiencing declines, with Tenaris and Eni among the worst performers. Bper, Bpm, and Unicredit also see significant drops, while Intesa falls 1.2% ahead of its earnings report.