The timid attempts at peace are upsetting the European stock exchanges. The draft plan to end the conflict between Russia and Ukraine was greeted with great enthusiasm by the markets which ended the day with significant increases. Investors, meanwhile, await the decisions of the Fed which should tighten monetary policy.
A day full of nervousness due to the yields of government bonds which then saw an easing of tension. The spread between BTPs and Bunds closed down to 150 points, with the Italian ten-year yield falling to 1.89%.
In Piazza Affari (+ 3.3%) excellent performance of the banks, as well as in the rest of Europe. Closing with a bang for Banco Bpm (+ 8.7%). In light also Bper (+ 7.3%), Intesa (+ 7%), Unicredit (+ 6.2%).
Very positive session also for Stm (+ 7.5%), Moncler (+ 5.7%) and Campari (+ 6.1%). Leonardo slips (-4.9%), along with oil-related stocks with the price of crude oil falling. Male Eni (-1.1%) and Tenaris (-1.4%) while Saipem is bucking the trend (+ 0.9%). Also sitting in the red for utilities, which were affected by the drop in the price of gas. Closed in negative territory by Italgas (-1.4%), Hera (-1.1%), Snam (-0.2%) and A2a (-0.1%), flat Enel (-0.03%). Out of the heavy main Mfe list with B shares (-1.6%) and A shares (-11%), after the public purchase and exchange offer (Opas) launched on Mediaset Espana which in Madrid closed down by 4.7% to € 4.88.
Source: Ansa
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