(ANSA) – MILAN, JULY 26 – European stock exchanges continue negative with the International Monetary Fund which has revised down the growth estimates for the Eurozone and the United States. Markets, after the falling opening of Wall Street, are nervous as they await the Fed’s monetary policy decisions tomorrow. The euro continues to be weak against the dollar at 1.0140.
The Stoxx 600 area index has little changed (+ 0.08%). Down in Milan (-0.9%), Frankfurt (-1.2%), Paris (-0.6%) and Madrid (-0.4%), in contrast to London (+ 0.1%). The price lists are affected by cars (-1.8%), banks (-0.7%) and telecommunications (-0.9%). Airlines are down sharply (-2.1%), with Ryanair (-3%) and Lufthansa (-2.4%), the latter in view of tomorrow’s strike with the cutting of numerous flights. Positive the energy equities sector (+ 1.8%), with oil raising its head, and utilities (+ 0.2%), while the price of gas continues to rise.
In Piazza Affari a negative session for banks and the automotive sector.
Pirelli and Iveco suffer (-2.5%). Moncler and Diasorin are also bad (-2.2%). Among the credit institutions in sharp decline Banco Bpm (-2.6%), Bper (-2.4%), Intesa (-1.7%) and Unicredit (-1%). A2a (-1.8%) and Nexi (-2%) were down. On the Italgas shields (+ 2%), after the accounts of the first half with growing profits. Snam (+ 1.4%), Eni (+ 0.4%) and Tenaris (+ 0.2%) did well. Leonardo and Atlantia are also on display (+ 0.6%). (HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
