(ANSA) – MILAN, APRIL 04 – European stock exchanges are moving with caution given the mixed trend of Wall Street where only the Nasdaq rises with Twitter superstar on the Elon Musk effect.
Weak growth was recorded by Paris (+ 0.24%), Frankfurt (+ 0.14%) and London (+ 0.10%) and Milan fluctuating on par (-0.01%). The Moscow Stock Exchange also did not move much (+ 0.64%).
At Piazza Affari, Tim continues to weigh (-2.76% to 0.31 euros) on doubts regarding the confirmation of an interest from Kkr and on the expectations that the price eventually offered will be far from the 0.505 euros put on the table by the fund last November . Generali down (-3% to € 20.4) slowing down after recent purchases also to position itself in view of the April meeting: there is still time until April 14 to buy the shares with which to vote on the 29th.
On the podium Ferrari (+ 4.7%), well in tune like the other European automakers, Leonardo (+ 3.3%), which benefits like the whole defense sector from the boost to military spending impressed by the war in Ukraine, and Moncler ( + 3%). The BTP Bund spread dropped to 154.9 points with a yield on the Italian bond equal to 2%.
Oil rose (WTI + 3.2% Brent + 2.6%), while gas fell (Ttf -3%). (HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.