Stock Exchange: Europe weak with Wall Street, Milan -1.2%

Von der Leyen:

(ANSA) – MILAN, APRIL 25 – European stock exchanges remain weak after the negative start of Wall Street even if they are limiting their losses.

Milan lost 1.26%, always weighed down, like the other lists of the Old Continent, by oil in line with the drop in crude oil due to fears of a slowdown in the Chinese economy due to the spread of omicron and closures to stem it. London leaves 1.88% on the ground with mining stocks under pressure, Paris loses 1.66% despite Macron’s victory in the elections, Frankfurt limits the decline to 1%.

In Milan, while the BTP Bund spread fluctuates around 172 points with the Italian ten-year yield at 2.57%, Tenaris continues to suffer (-5.2%), followed by Cnh (-4.4%), Moncler ( -3.7%), Saipem (-3.5%), Interpump (-3.5%) and Eni (-3.03%).

A patrol of utilities moves against the tide, and Enel (+ 2.05%). Banco Bpm also performed well, always at the center of banking risk (+ 1.88%) (ANSA).

Source: Ansa

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