(ANSA) – MILAN, MARCH 16 – European stock exchanges continue strong after the start of Wall Street in positive territory. Markets await the Fed meeting while attention remains high on negotiations between Russia and Ukraine to stop the war. Ahead of the US central bank meeting, US and European government bond yields rise. On the currency front, the euro against the dollar stood at 1.0992.
The stoxx 600 area index grows by 2.5%. Paris (+ 3%), Frankfurt (+ 2.5%), London (+ 1.3%), Madrid (+ 1.7%) and Milan (+ 2.9%) are on display. The lists are supported by the automotive sector (+ 3.6%), the technology sector (+ 3.9%) and the banks (+ 3.3%). Energy decreased (-0.5%), with the price of oil recovering. WTI rises to 98 dollars a barrel and brent to 101 dollars.
Utilities held up (+ 04%), with the price of gas falling. In Amsterdam, prices drop to 110 euros per Mwh while in London it stands at 262.71 pence per Mmbtu.
Banks fly to Piazza Affari with Intesa (+ 5.9%), Unicredit (+ 5.6%), Banco Bpm and Bper (+ 4.7%). On the shields Moncler (+ 6.2%) and Interpump (+ 6.5%). Stm (+ 6%) and Campari (+ 5.3%) also did well. In the main list, Leonardo (-2.3%) and Italgas (-1.1%) are in negative territory. Eni and Tenaris were also weak (-0.3%). Heavy Mediaset with the Mfe B shares that sell 4.7%. (HANDLE).
Source: Ansa
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