(ANSA) – MILAN, 22 JUN – The speech by Fed President Powell who reassured the strength of the US economy allowed the European stock exchanges to close on less pronounced declines than the start, but in any case the session was painful. The Ftse Mib index in fact closed down by 1.36% to 21,788 points, the Ftse All share down by 1.26% to 23,828 points.
London, on the other hand, closed with a loss of 0.8% like Paris, with Amsterdam negative by 0.9%. Frankfurt and Madrid were heavier, both down 1.1%. The spread between 10-year BTPs and German Bunds contracted to 189 basis points compared to 193 at the start, with a yield on the Treasury product at 3.52%.
Slightly up for the piece of gas: methane on the Amsterdam reference list for Europe concluded at 127 euros per megawatt hour, up by 1.2% compared to the day before. But it was the slide in oil that caused equity markets to fall, even if the bad session for Saipem was caused by the discount announced on the 2 billion capital increase, with the stock closing down by 21.5%. to 32.9 euros.
Also bad in Piazza Affari (-5.1%), with taking profits on Leonardo, down by 3.9% at the end, followed by Italgas (-3.7%) and Eni, which left 3.4 on the ground Final% at 11.6 euros. The financial sector held steady even if Unicredit and Generali, the latter on the day of the Board of Directors, sold one percentage point. Finally, Nexi and Finecobank did well, both up by over 2%. (HANDLE).
Source: Ansa
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