(ANSA) – MILAN, 13 JAN – The main European stock exchanges are moving in no particular order after the above-estimated increase in requests for unemployment benefits, while producer prices have remained below forecasts.
On the other hand, futures on stock market indices were positive. Milan earns 0.4%, Madrid 0.36%, Frankfurt 0.27% and London 0.11%, while Paris leaves 0.36% on the field. The spread between BTPs and German Bunds fell to 129.8 points, with the annual yield on ten-year bonds down by 4 basis points to 1.22%.
The speeches of some members of the Fed’s FOMC are expected in the evening.
Minus sign for the luxury sector, from Kering (-3.33%) to Lvmh (-1.78%) and Moncler (-1.1%). The pharmaceuticals Diasorin (-2.27%), Recordati (-0.98%), AstraZeneca (+ 0.33%) and Novartis (+ 0.26%) are in contrast. In the automotive field, Iveco runs (+ 5.22%), on the wave of Intesa’s purchase recommendation, which indicated a target price of 16.9 euros, compared to the current 13. Follows Stellantis (+ 2.17% ) which reaches a new 12-month record at € 18.79. Purchases on microprocessor manufacturers Be (+ 9.37%), Asm (+ 6.11%) and Stm (+ 3.78%) driven by the quarterly report of Tsmc, while in the banking sector Bper ranks (+ 1.91%) , Barclays (+ 1.77%), SocGen (+ 1.7%), Hsbc and Bnp (+ 1.56% both). Unicredit (+ 0.78%), Banco Bpm (+ 0.73%) and Intesa (+ 0.24%) are more cautious. Contrast TotalEnergies (-0.92%), Eni (-0.4%), Shell (+ 0.05%) and Bp (+ 0.42%) with crude oil down slightly (Wti -0.23% a 82.46 dollars per barrel). (HANDLE).
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Source From: Ansa
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