Stock Exchange: Europe confirms rise with Wall Street, Milan + 5.5%

Savings from lockdown, refreshments for RC cars (ANSA)

(ANSA) – MILAN, MARCH 09 – The main European stock exchanges confirm the rises in the wake of Wall Street, with the indices gaining over 2%. The best continues to be Frankfurt (+ 6.11%), while Milan continues below the maximum (+ 5.5%) in harmony with Paris (+ 5.46%) and Madrid (+ 4.16%), while London (+ 2.13%) continues to be a little more cautious.

The differential between BTPs and German Bunds rose to 147.9 points, with the annual yield of Italian bonds growing by 8.8 points to 1.68%.

On the 13th day of the war between Russia and Ukraine, investors look with confidence at the meeting between the foreign ministers of Russia and Ukraine tomorrow in Turkey and at the drop in the main raw materials starting from the barrel of crude oil (Wti -4.71 % at $ 117.86 and Brent -5.2% at $ 121.36). Also in sharp decline in gas (-28.22% to 154.01 euros in Amsterdam) and iron (-5.87% to 785.50 dollars a ton), while the stop for nickel ordered by the Metals Exchange continues from London. Agricultural prices also fell, from durum wheat (-6.34% to 1,124.35 dollars every 5 thousand bushels to soft wheat (-5.93% to 1,210 dollars), from corn (-0.73% to 747.5 $ 5 thousand bushels) to coffee (-1.52% to $ 229.35 per contract unit of 37,500 pounds), while the rise in beef continues (+ 0.14% to $ 160.48 per contractual unit of 50 thousand pounds) for young specimens).

Stellantis, Volkswagen and Renault, owner of AvtoVaz, the first car manufacturer in Russia, are up by more than 10%.

Rally of Unicredit (+ 12.3%), SocGen (+ 11%), Bper (+ 9.6%), Intesa (+ 9.6%), Commerzbank (+ 9.26%) and Credit Agricole (+ 8.72%). In contrast, Equnor (-5.81%), Bp (-3.25%), Shell (-3.18%) and Eni (-2.11%) in Piazza Affari, where Saipem ( -3.6%) and Tenaris (-6.64%), the latter after a downward freeze. (HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular