(ANSA) – MILAN, JUL 25 – European stock exchanges continue their decline, weighed down by the energy sector (-1.3%) with the drop in the price of oil. The specter of recession remains in the markets while the Fed is awaiting monetary policy decisions. Attention remains high on the raw materials front with gas raising its head. On the currency front the euro against the dollar is down to 1.0182 in London.
The stoxx 600 area index fell 0.1%. Negative performance for London and Paris (-0.1%) and Frankfurt (-0.4%), in contrast to Madrid (+ 0.4%). Session down for airlines (-0.2%) with Ryanair (-0.6%), despite the return to profit in the first quarter.
Tlc advanced (+ 0.5%) with flat Vodafone Group (+ 0.05%), after the accounts. Utilities also performed well (+ 0.3%), with gas rising. In Amsterdam, the price rises to 165 euros per megawatt hour, an increase of 3.2%. Banks are positive (+ 0.6%).
On the raw materials front, oil recorded a decline. The WTI drops to 93 dollars a barrel (-1.5%), reaching the levels of last April. Brent stood at $ 101 (-1.2%). (HANDLE).
Source: Ansa
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