Stock market: Europe opens sharply, banks are doing well. Stable spread at 148

The Milan Stock Exchange confirms itself at the top of the European lists which rebound after Friday’s debacle in the wake of Deutsche Bank’s fears, which have been allayed by many. The Ftse Mib rises by 1.4% to 26265 points. Prysmian is the most tonic (+3.7%), together with Iveco (+3.6%). Banks are recovering with Unicredit (+1.26%), Bper (+1%). Mps (-0.6%) remains against the tide, while over the weekend the Mef confirmed Lovaglio as CEO in the list for the new board of directors and indicated Maione to the presidency. The spread remains stable at 148 points, as does the Italian ten-year yield at 4.06%. Well, among others, Tim (+1.4%). Heavy, however, Diasorin (-5.6%) after the accounts.

Deutsche Bank loses the momentum of the startup that led the stock to gain even up to 7%. In Frankfurt, the institute’s shares reversed course and lost 0.54%. Kepler Analysts Say Market Concerns ‘Starting to Get Irrational’

Source: Ansa

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