(ANSA) – MILAN, MARCH 11 – Flare-ups of the world stock exchanges after the words of Russian President Vladimir Putin who spoke of “progress” in negotiations with Ukraine. The hope of a diplomatic truce has unlocked the desire for a rebound of the European lists, with Milan rising by 2.4%, Frankfurt by 3.4%, Paris by 2.2% and London by 1.5%. Futures on Wall Street also accelerated, up by more than 1%. The spread between BTPs and Bunds remains around 161 basis points, with our ten-year yield at 1.9%.
Leonardo (+ 14.4%) flies to the Milanese list after better than expected accounts, followed by Iveco (+ 8%), Tim (+ 6.4%), Cnh (+ 4.9%) and Buzzi (+4.8 %) while the banks are also taking their breath away with Unicredit earning 4.1% and Intesa 3.2%. In Europe publisher Pearson takes off (+ 19.3%) which could be the recipient of an Apollo offer, airlines also advance with Wizz Air leading the rebound in travel-related stocks after HSBC has raised its judgment on sector. Essilux is also up after the accounts (+ 6%).
Hopes for Ukraine also slow down the oil rush, accelerating after the suspension of negotiations on Iranian nuclear power. The wti trades at 107.6 and the brent at 111. European gas also has little effect (+ 1% to 128 euros), in a rather volatile session. (HANDLE).
Source: Ansa
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