Stock market: Europe heavy on war fears, Milan -3.5%

Gas, national extractions restart: here is the regulatory plan (ANSA)

(ANSA) – MILAN, FEBRUARY 14 – The European stock exchanges continue heavy with the winds of war coming from the East. Tensions between Russia and the US for Ukraine have put the markets under pressure, with the jump in oil and gas prices and nervousness about government bonds. In the equity sector, energy (-1%), utilities (-1.8%) and banks (-3.4%) suffered the greatest decline. In this context, the euro against the dollar weakens and falls to 1.1319 in London.

The stoxx 600 area index fell 2.4%. Sales burst in Frankfurt (-3.1%), Paris (-2.89%), Madrid (-2.47%), London (-1.7%). Black jersey for Milan (-3.5%). Among the sectors, technology (-2.9%) and cars (-2.6%) also suffer.

Sitting in the name of volatility for commodities. The rise in oil with the WTI rising to 93.37 dollars per barrel (+ 0.3%) and the Brent to 94.59 dollars (+ 0.17%). The price of gas is increasing. In Amsterdam, prices are up by 7.3% to 83.11 euros per MWH, after having recorded an increase of + 12% to 88 euros in the morning. In London, the price rises by 7.4%, exceeding 200 pence per Mmbtu (199.79 pence). Gold also rose to reach $ 1,856 an ounce, with an increase of 1.67%.

(HANDLE).

Source: Ansa

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