(ANSA) – MILAN, APRIL 29 – Positive European stock exchanges in the last day of the week before May 1st. After the jump in Chinese markets in view of new economic stimuli from Beijing and with US futures on the rise, purchases in Europe continue from Milan (+ 1.15%) to Paris and Frankfurt (+ 1.1%) while London and Madrid (+ 0.3%) appear more cautious. The quarterly GDP of Germany is growing (+ 0.2%) against an expected increase of 0.1%, while on an annual basis the figure has risen by 4% against the expected 3.8%. On the other hand, the situation in France is stagnant, with GDP unchanged.
Purchases are concentrated on semiconductor manufacturers Asml (+ 2.15%), Infineon (+ 2.38%) and Stm (+ 2.9%) on the long wave of the accounts, which today presented Be Semiconductor (-4 , 26%) and were worse than estimates. Effect of quarterly accounts on Eni (+ 1.23%), with TotalEnergies (+ 0.87%) which released them on the eve. BP (+ 0.66%) and Shell (+ 0.08%) are more cautious. In the automotive field, Volvo (+ 3.85%) stands out after the quarterly report and Stellantis (+ 2.19%), which will produce an electric car in Serbia from 2024. Good among Bbva bankers (+ 4.09%) after the quarterly better than estimates. NatWest is down (-1.44%) for the opposite reason, while Unicredit (+ 1.8%) rises in Piazza Affari, followed by Bper (+ 1.48%) and Intesa (+ 1.08%), with the spred between BTP and German Bund down to 181 points and the annual yield to 2.7%.
(HANDLE).
Source: Ansa
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