(ANSA) – MILAN, JUL 25 – European stock exchanges remain positive after the uncertain start of Wall Street, which, after a falling opening, moves around parity. Milan advanced by 0.7%, Paris by 0.4%, London by 0.3% and Frankfurt by 0.2% with investors focused on the quarterly season and waiting for a new Fed rate hike while on the US economy and the European economy – which today received a new decline in the Ifo index – there is the risk of a recession due to the price rush and the energy crisis.
In Piazza Affari suffer from Interpump (-2.1%), Diasorin (-2%) and Tim (-2%), who continues to discount the uncertainties on the single network linked to the change of government, while supporting the Saipem price list (+5 , 1%) and banks, with Banco Bpm (+ 3.5%), Bper (+ 2.9%) and Unicredit (+ 2.1%) leading the rises. Little move Italigas (+ 0.4%) after the accounts of the quarter.
The BTP-Bund spread was slightly up, up by one basis point to 228 points, while the Italian ten-year yield rose by 5 points to 3.34%. On the energy front, the wti rises by 1% to 95.6 dollars and the brent by 0.7% to 104 while the futures on gas in Amsterdam jumped by 5.7% to 169 euros per megawatt hour after Gazprom criticized the poor clarity of the exemptions related to Nord Stream turbines, with the risk of a 20% cut in flows if the one repaired in Canada could not arrive. (HANDLE).
Source: Ansa
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