(ANSA) – MILAN, DECEMBER 09 – European stock exchanges contrasted with US futures in red pending requests for subsidies, inventories and overseas wholesale sales. Only Milan (+ 0.3%) has risen moderately with Unicredit’s rally (+ 7.4%) after the Plan to 2024, which travels at levels it hasn’t touched for 20 months. Paris (+ 0.08%) holds, while Madrid (-0.28%), Frankfurt (-0.2%) and London (-0.08%) are weak. The spread between BTPs and German Bunds fell back to 133.8, with the annual yield on ten-year bonds back to below 1%, down by 3.7 points to 0.986%. The drop in crude oil (-0.28% to 72.16 dollars a barrel), is holding back oil from BP (-1.05%), Eni (-0.82%), Shell (-0.67%) and TotalEnergies (-0.6%). In the automotive field, Renault (+ 0.4%) and Porsche Holding (+ 1%) rose, following the long wave of the possible listing of Porsche Ag, with the spin-off from the Volkswagen group (-0.38%). They sell Ferrari (-0.7%), Daimler (-0.41%) Stellantis (-0.25%). The microprocessor producers were weak with the exception of Nordic Semiconductor (+ 0.87%).
Stm sells 0.94%, Asml Holding 0.94%), Infineon 1.45%) and Stm 2.21%. In no particular order the banks. To the rise of the aforementioned Unicredit is added that of Mps (+ 3.33%), after the postponement of the rating review by Moody’s, Banco Bpm (+ 1.22%), Bper (+ 1.09%), Commerzbank (+ 0.98%), Intesa (+ 0.6%) and Sabadell (+ 0.61%). Minus sign for Barclays (-1.1%), Lloyds (-0.73%) and Bnp (-0.7%). (HANDLE).
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Source From: Ansa
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