Stock market: inflation fears hold back Europe, Milan + 0.28%

Leonardo, Perfume:

(ANSA) – MILAN, NOV 10 – European stock exchanges under the banner of uncertainty with fears about inflation that keep the lists in suspense. Signals in this sense came from the Chinese and German data, both at historic highs.

The area index of the Old Continent, the stoxx 600, is marginal (+ 0.15%) with purchases that focus on energy-related stocks in the wake of yet another rise in oil (wti above 84 dollars a barrel , crude oil at $ 85 a barrel) while the White House has urged OPEC to increase production.

Among the individual squares, Paris (-0.07%) and Frankfurt (-0.08%) are below par, while London (+ 0.34%) and Milan (+ 0.28%, Ftse Mib at 27,513 points) ‘last after the data on Italian industrial production seen in September at + 0.1% compared to August. Nexi (+ 2%) and Banco Bpm (+ 1.4%) remain in the spotlight and Tim is on par. Mediaset rushed (+ 5.89%) in the wake of the accounts.

The spread between BTP and Bund rises to 114 points with the Italian ten-year yield at 0.85%. Euro exchange front confirms the weakness against the dollar with the single currency changing hands at 1.1562 on the greenback. (HANDLE).

.

Source From: Ansa

Share this article:

Leave a Reply

most popular