(ANSA) – MILAN, NOV 11 – The main European stock exchanges improved towards the end of the session, except for Madrid (-0.6%), which remains in the red. Slightly higher Frankfurt (+ 0.08%) and Paris (+ 0.1%), better London (+ 0.7%). Some gains for Milan (+ 0.2%), with the spread slightly decreasing to 118.2 points and the Italian ten-year yield at 0.954%. The EU Commission in the morning revised the GDP estimates of Italy and France upwards and those of Germany and France downwards. As for European inflation, it runs in 2021 and the ECB says it is ready to intervene to stabilize it at 2% in the medium term. Gold calm (-0.1%) at 1,860 dollars an ounce. Natural gas accelerates in Europe, with prices in Amsterdam (+ 7.7%) at 75.4 euros per MWh, after the threat from Belarus to cut off the flow towards Europeans. Eyes also focused on the increase in infections from Covid 19, vaccination campaigns and new drugs.
The area index of the Old Continent, Stoxx 600, gains nearly 0.3%, with energy remaining at the bottom. The majority of oil companies are in the red, from Aker (-10.6%) to Lundin (-4.5%), with exceptions such as Repsol (+ 1%), while crude oil rises (wti + 0.6%) to 81 , 8 dollars a barrel and brent at 83.03 dollars.
Cars are in no particular order, with decreases for some, such as Renault (-3.4%) and Porsche (-1.8%) and increases for others, such as BMW (+ 0.6%) and Ferrari (+0.5) %). Almost all banks did well, starting with Erste (+ 2.5%) and Barclays (+ 2.2%). Semiconductors were positive, starting with Be Semiconductor (+ 2.6%) and Asm (+ 2.1%).
In the materials industry, Sika (+ 10.3%), Anglo American (+ 6.3%) and Norsk Hydro (+ 5.8%) stand out, with rare negative exceptions, such as Johnson Matthey (-18.4%) ). (HANDLE).
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Source From: Ansa
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