Stock Exchange: Europe improves, luxury and semiconductors are running

Industry turnover at the top since 2000, confidence is growing (ANSA)

(ANSA) – MILAN, MAY 27 – The main European stock exchanges improve towards the end of the session on the 93rd day of the war in Ukraine, while Wall Street also accelerates. In Europe, the best is Paris (+ 1.5%), followed by Frankfurt (+ 1.4%), Madrid (+ 0.4%), London and Milan (+ 0.3%), with the BTP spread- Bund rose to 195.2 points and the Italian ten-year yield to 2.891%. Gold remains on the rise (+ 0.7%) at 1,857.9 dollars an ounce. The spot price of gas in Europe goes up, looking at rising futures in Amsterdam (+ 1%) to 86.8 euros per MWh and even more in London (+ 8%) at 156 pennies per Mmbtu (British thermal unit).

The area index, Stoxx 600, gained 1.3%, with information technology rising more than other sectors, driven in particular by semiconductors, such as Infineon (+ 4.7%) and Asml (+4, 5%). Luxury flies, with the rally of Richemont (+ 9.6%) and the rise of Kering (+ 4%) and Lvmh (+ 3.9%). Cars are positive, starting with Volvo (+ 6%) and Ferrari (2%). Banks remain in no particular order, with positive examples, such as Hsbc (+ 1%) and Barclays (+ 1.4%), and others in decline, such as Caixa and Kbc (-1.3%).

The majority of oil is suffering, from BP (-1.5%) to Shell (-1.4%), with crude oil continuing to decline (wti -0.3%) to 113.8 dollars a barrel and Brent to 117.6 dollars. Utilities were bad, from Terna (-2.6%) to Electricite de France (-1.2%). (HANDLE).

Source: Ansa

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