(ANSA) – MILAN, NOVEMBER 23 – A day full of tension on the markets, with strong sales in the end for the European stock exchanges: the Ftse Mib index closed down by 1.62% to 26,939, the Ftse All share down by 1.65% to 29,466. In the rest of the Old Continent, London held with a marginal upside by 0.1%, while Paris lost 0.8% at the end, Frankfurt 1.1%, with Amsterdam closing down 1%. 6%.
European government bonds are also under pressure, with operators who in general had already discounted the choice of various producers led by the US to release part of the oil reserves, so much so that crude oil started to rise again at the end of the day. Thus the worrying data of the Covid pandemic in Europe and the fear of inflation weighed on the markets, with the confirmation of Powell at the helm of the Fed which could lead to a rapid abandonment of more accommodative monetary policies.
In Piazza Affari, in particular, the worst among the large cap stocks was that of Tim, which ended trading down by 4.7% to € 0.43, moving away from the € 0.505 per share that Kkr could offer in the in the event that your expression of interest is transformed into a takeover bid, with all the uncertainties along the way that could lead to the takeover bid. Also bad was Stm (final -4% in line with the weakness of the sector), Banca Generali (-3.8%), with Campari, Moncler and Ferrari all losing 3.7%.
Instead, Eni (+ 0.4%), Atlantia (+ 0.5%) and Unicredit (+ 0.6%) held. Solid Inwit and Buzzi in final increase of 0.7%, while Nexi alone moved in clear contrast, up by 1.5%. In the smaller capitalization basket, still very weak MPS which concluded down 2.2% to € 0.909 on its historic lows. On the other hand, a thud for Juventus: the stock of the Juventus club closed down by 7.2% to € 0.63 after the board of directors set the conditions for the capital increase. (HANDLE).
.
Source From: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
