(ANSA) – MILAN, MAY 18 – The Milan Stock Exchange, after a positive start, flattens out as well as the rest of the European squares that are looking at the conflict in Ukraine, inflation and rate moves by the ECB and the Fed with the hawkish tones of President Powell.
The Ftse Mib is on par (-0.01% to 24,297 points). On the list, sales concern Tim (-1.19%), Leonardo (-1.34%), Mediobanca (-1.23%) with press rumors that speak of a stop by the ECB at Leonardo Del Vecchio’s Delfin to rise over 20%. Little Unicredit move (+ 0.10%) on the rumors reported by the FT of talks with Commerzbank (+ 2% in Frankfurt) that the war has stopped. The spread between BTP and Bund is stable at 190 euros with the Italian ten-year yield at 2.95%.
Among the other squares, London recorded a -0.07%, Paris was unchanged and Frankfurt recorded a -0.02%.
Gas continues to rise. Futures in Amsterdam rise (+ 2.47%) to 96.5 euros per megawatt hour. Oil with the wti lengthens to 114 dollars a barrel (+ 1.68%). Brent exceeded $ 113 per barrel (+ 1.6%). On the exchange front, the ruble falls to 64 against the dollar and below 68 against the euro which in turn drops to 1.05 against the greenback. (HANDLE).
Source: Ansa
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