Stock market: positive ending in Europe with Wall Street, Milan + 0.7%

Gentiloni:

(ANSA) – MILAN, DEC 23 – The main European stock exchanges widen the rise in the last few minutes of trading. Madrid gains 1.45%, Frankfurt 1.11%, Paris 0.95%, Milan 0.7% and London 0.57% while the US indices are both positive in New York (Dow Jones + 0.62%, Nasdaq + 0.78%). The spread between BTPs and German Bunds drops to 135 basis points, with the annual yield reducing the increase to 5.5 basis points to 1.099%, therefore below the 1.1% threshold.

The rise in crude oil (Wti + 0.16% to 72.88 dollars a barrel) and the green light from the USA for the sale of a refinery in Texas Sèonge Shell (+ 1.96%), followed at a distance by Eni (+0 , 76%).

Well among the automakers Porsche Holding (+ 2.32%), in view of the possible listing of Porsche Ag and the spin-off from Volkswagen (+ 1.43%). The spin-off of Iveco with the listing on the stock exchange from next January 3 pushes Cnh (+ 3.21%), while Stellantis is more cautious (+ 0.85%). Minus sign for Bper (-0.76%), struggling with the offer on Carige (+ 0.35%). Sprint of Santander (+ 3.53%), good SocGen (+ 1.9%) and Bnp (+ 1.5%). (HANDLE).

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Source From: Ansa

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