Stock Exchange: Europe continues positive with cars and banks

(ANSA) – MILAN, APRIL 14 – European stock exchanges continue positive, in view of the ECB meeting. Investors’ attention is focused on the decisions that the European central bank will make as the war in Ukraine rages. Global growth fears remain due to the impact of war and international sanctions on Russia.

The stoxx 600 area index gains 0.1%. Positive in Paris (+ 0.5%), Frankfurt (+ 0.3%), Madrid (+ 0.2%), in contrast to London (-0.2%). Positive trend for the car sector (+ 0.9%) where Volkswagen (+ 1.4%) and Renault (+ 1.1%) are shown. Banks (+ 0.2%) and IT (+ 0.4%) also did well.

Sales on energy (-0.4%), with the price of oil falling. The WTI falls by 1.2% to 102 dollars a barrel. Brent is down 1.1% to $ 107. Negative performance also for utilities (-0.3%) with gas in sharp decline. In Amsterdam, prices drop by 4.6% to 100 euros per MWh. In London the price is down by 6.6% to 199 pence at the Mmbtu. Among the other commodities, gold also fell to $ 1,974 an ounce. On the currency front, the euro against the dollar rises to 1.0908 in London. (HANDLE).

Source: Ansa

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