Stock Exchange: Europe continues mixed, Milan -0.2%

Montagnoli (Cub):

(ANSA) – MILAN, 02 NOV – European stock exchanges continue mixed with Paris which reached its highest levels since 2000. There is expectation among investors for tomorrow’s Fed meeting while looking at the trend of coronavirus infections. The climate theme is also taking center stage on the markets with Cop26 underway in Glasgow.

The stoxx 600 area index is little moved (-0.06%). London (-0.6%), Madrid (-0.5%) and Milan (-0.2%) are down, while Paris (+ 0.3%) and Frankfurt (+ 0.6%) continue in positive ground . The decline in the energy sector weighs (-1.1%), with the price of WTI oil falling to 83.60 dollars a barrel and Brent at 84.43 dollars. On the currency front, the euro against the dollar is stable at 1.1602.

Eni slips into Piazza Affari (-1.4%). Fineco (-1.8%) and Mediolanum (-1.4%) were also bad. Improves Tim (-0.8%) compared to the start. Sales on Ferrari (-1.6%), on the day of the accounts and with the company that has revised upwards the estimates of 2021.

Positive performance for banks with the spread between BTP and Bund at 124 points and the Italian ten-year yield falling to 1.1%. Among credit institutions, MPS stands out (+ 2.3%). Bper (+ 1.9%), Banco Bpm (+ 1.2%) and Intesa (+ 0.6%) also did well, awaiting the quarterly reports. In contrast to Unicredit (-0.9%). (HANDLE).

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Source From: Ansa

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