(ANSA) – MILAN, 04 APR – The main European stock exchanges are retracing their steps and proceeding cautiously after more than 3 hours of trading, led by Paris (+ 0.56%). London and Frankfurt are more cautious (+ 0.2%) together with Milan (+ 0.1%), while the decline in Madrid continues (-0.43%). US futures were positive after encouraging export data in Germany (+ 6.4% in February) offset by the above-estimated decline in the Sentix index (-18 points) in April, which measures European investor confidence, which fell to -7 in March. Factory orders are coming from the USA.
The Moscow Stock Exchange was positive (+ 0.8%), with the ruble up by 3.54% to 91.62 against the euro, by 0.8% to 83.28 against the dollar and by 0.79% to 109, 24 on the pound. The differential between Italian BTPs and German ten-year Bunds fell to 156.8 points, with the annual yield of the former down by 0.8 points to 2.08%. Among investors, caution prevails in view of a further tightening of sanctions against Russia after UN data on civilian victims of the Russian attack on Ukraine and the execution of civilian victims in Bucha, in the Kiev region by the Russian soldiers.
Ferrari (+ 2.68%), Renault (+ 2.5%), Volkswagen (+ 1.9%) and Stellantis (+ 1.25%) are accelerating. Hsbc (-0.89%), Bnp (-0.64%), NatWest (-0.6%), Sabadell (-0.43%) and CaixaBank (-0.23%) banks reduced the decline. Weak Intesa (-1%), cautious Unicredit (-0.41%), brilliant Banco Bpm (+ 2.43%). Minus sign for BP oil (-1%), TotalEnergies (-0.22%) and Shell (-0.32%), while Eni (+ 0.13%) resists. Down Tim (-4.47%) in Piazza Affari, after rumors of a possible revision of the Kkr offer following “changed scenarios” compared to last November, when the fund put € 0.505 per share on the plate. (HANDLE).
Source: Ansa
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