Gas falls below 110 euros per MWh. Twitter poll fails Musk, leap for Tesla

Highlighted in Piazza Affari is Nexi, +3.56. The biggest rises, however, are for Telecom Italia, +4.68%, and Saipem, +3.48%. Largest declines for Leonardo, -1.98%, and Moncler, -1.70%.

As of this morning, gas prices have been falling in Europe while waiting for the council of energy ministers to change the price cap, i.e., the ceiling on gas prices. As of 4 p.m., the January Amsterdam future is trading at 108 euros per megawatt hour, -5.8 percent. It had already fallen on Friday, while since November the price had barely moved away from 130 euros.

On the equities front, a little moved day for Milan’s Ftse Mib index. Slightly up, +0.07 percent, however, after three down sessions that had followed the U.S. and Eurozone central bank rate hikes last week. Highlight in Piazza Affari is Nexi, +3.56%, after the cancellation in the Budget Law of the rule that abolished fines for merchants who refused to use Pos for receipts up to 60 euros. The biggest rises, however, are for Telecom Italia, +4.68%, and Saipem, +3.48%. Greater declines for Leonardo, -1.98%, and Moncler, -1.70%.

In the United States, however, indexes opened lower. An exception was Tesla’s stock: up 1.5%, after touching +5% in the pre-open. This was after Elon Musk launched a poll on Twitter asking whether he should leave the leadership of Twitter itself. 57.5 percent of voters said yes. The result pleased the shareholders of Tesla, at whose helm as known is Musk himself.