(ANSA) – MILAN, 20 JUN – The main European stock exchanges confirmed their rise at the mid-session point, without the contribution of the US lists, closed today for holidays. The best are London and Madrid, which rose over 1%, followed by Milan (+ 0.45%), Frankfurt (+ 0.35%) and Paris (+ 0.1%), in the aftermath of the second round for the legislative elections, which sanctioned the end of the absolute majority of the coalition supporting the President of the Republic Emmanuel Macron. The increase in producer prices in Germany in May is higher than the estimates, while the tension on government bonds eases, with the differential between Italian BTPs and German ten-year Bunds falling to 190 points and the Italian annual yield down by 1 , 5 points to 3.552%, while the Italian yield is unchanged at 1.653%.
Crude oil fluctuates around parity, remaining below 110 dollars for WTI (+ 0.17%) and 113 for Brent (-0.08%). On the other hand, natural gas rose significantly (+ 6.37% to 125.24 euros per MWh) on the market in Amsterdam. Gold slightly moved (-0.07% to 1,837.78 dollars an ounce) while iron (-7.76% to 773 dollars a ton) and steel (-5.12%) closed sharply. at $ 4,187 a ton) due to fears of a drop in demand in China, struggling with new cases of Covid.
Rio Tinto mining and quarrying was weak (-1.78%), while Renault (+ 6.4%) was running, driven by the purchase recommendation of Jefferies analysts, who raised the target price to 40 euros, against 25.56 marked today on the Paris Stock Exchange.
Followed by Volvo (+ 1.48%), Ferrari (+ 1.26%), Volkswagen (+ 0.9%) and Stellantis (+ 0.34%). On the shields Hsbc (+ 4.62%), Banco Bpm (+ 3.65%), Unicredit (+ 2.62%) CaixaBank (+ 2.61%), Lloyds (+ 2.54%) and Intesa (+ 2.34%), Santander (+ 1.95%) Fineco (+ 2.91%), Banco Bpm (+ 2.73%), Unicredit (+ 2.52%), Commerzbank (+2.04%) also did well %) and Lloyds (+ 1.57%). (HANDLE).
Source: Ansa
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