Stock exchange: Europe at multiple speeds, industry and pharmaceuticals are doing well

Prince Charles pushes for green fashion.  Italian Marchetti (Yoox) leads the task force (ANSA)

(ANSA) – MILAN, 02 NOV – The main European stock exchanges are going at different speeds in mid-afternoon, with Frankfurt consolidating earnings (+ 0.8%), followed by Paris (+ 0.5%). London (-0.2%) and Madrid (-0.6%) give something, while Milan (-0.04%) is almost flat, while Wall Street has taken a stake, awaiting the Fed meeting tomorrow. Gold fell slightly (-0.1%).

The Old Continent area index, Stoxx 600, gained 0.1%, with the health sector leading the way, followed by industry and real estate investments. Among the pharmaceuticals stand out AstraZeneca (+ 2.6%) and Roche (+ 2.5%), in industry, among others, Siemens (+ 2.9%) and Wolters Kluwer (+ 2.1%). Semiconductors, which see some gains, such as Asm (+ 3.5%) and Nordic Semiconductor (+ 5.1%), and others decline, such as Ams (-8.5%), have contrasted trends. Almost all cars in red, from Renault (-1.3%) to Daimler (-0.6%), flat Stellantis (-0.02%) and BMW (-0.01%). In no particular order the banks, with strong drops such as for Standard Chartered (-8.7%) and Banco Bilbao (-1.7%) and some increases, such as those of Dnb (+ 0.8%) and Commerzbank (+0 , 4%).

Oil almost all in the red, from Bp (-3%) on the day of the accounts, to Royal Dutch (-1.6%), with exceptions such as Polski Koncern (+ 2%), while crude oil accentuates the decline (wti -1 %) at 83.3 euros and brent at 84.3 euros. The price of natural gas in Europe rose slightly, with prices in Amsterdam showing + 1% to 66.3 euros per MWh, while the Kremlin announced in the morning of an increase in supplies from 8 November. (HANDLE).

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Source From: Ansa

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