(ANSA) – MILAN, MARCH 17 – The main European stock exchanges are improving, albeit remaining weak, after Wall Street turned positive. The best place remains London (+ 0.7%), followed by Paris (+ 0.1%), Madrid (-0.2%) and Frankfurt (-0.6%). Milan is still behind (-1.1%), with the BTP-Bund spread at 150.2 points and the Italian ten-year yield at 1.886%. Gold increases (+ 0.2%) to 1,947 dollars an ounce, while the geopolitical situation linked to Ukraine marks the 22 / o day of conflict and Covid remains in the background, amid the easing of contrast measures in Europe and the growth of new cases, including in China.
The area index of the Old Continent, Stoxx 600, is almost flat (-0.01%). Banks, such as Intesa (-4.5%), Unicredit (-5.2%) and Bnp Paribas (-3%), and exceptions such as Hsbc (+ 0.5%), with the Bank of England raised rates. The same goes for cars, from Renault (-4.8%) to BMW and Stellantis (-2.7% both). Energy, on the other hand, with oil growing, from Equinor (+ 3.3% 9 to Lundin (+ 3.5%), with crude oil always rising (+ 6.5%) to 101.6 dollars a barrel and Brent at $ 105.3. The price of gas in Europe slows down, with futures prices in Amsterdam (+ 5.1%) to € 107.7 per MWh and in London (+ 6.8%) to 257 pennies per thermal unit (Mmbtu). (ANSA).
Source: Ansa
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