(ANSA) – MILAN, 13 JAN – The main European stock exchanges slowed down in the end with the indexes contrasting in New York (Dow Jones + 0.37%, Nasdaq -0.97%). Madrid (+ 0.35%) and Milan (+ 0.29%) hold back in positive territory, while Frankfurt (-0.18%) and Paris (-0.71%) hold back while London holds out in parity. The spread between BTPs and German Bunds rose to 131.3 points, with the annual yield on ten-year bonds down by 4.4 basis points to 1.216%.
Sales are concentrated on luxury titles, from Kering (-4.3%) to Lvmh (-2.8%) and Moncler (-2.13%). Under pressure Diasorin (-4%), weak Recordati (-1.33%), Sanofi (-1.38%) and Lonza (-2.41%). The drop in crude oil (Wti -0.68% to 82.06 dollars a barrel), turned negative, slows TotalEnergies (-0.51%), Eni (-0.23%) and Shell (-0.14%) ). In the automotive field, Volvo (+ 6.22%), Renault (+ 4.6%) and Iveco (+ 4.19%) stand out, driven by the purchase recommendation from Intesa, which indicated a target price of 16.9 euro, compared to the current 13. On the highs of the last 12 months Stellantis (+ 3.16%) which touches the 19 euro for 4 cents, while Ferrari sells (-1.9%). In light of the microprocessor manufacturers Be (+ 9%), Asm (+ 4.57%) and Stm (+ 2.95%) driven by the Tsmc quarterly report. Bankers Barclays (+ 2.25%), Hsbc (+ 2.17%), SocGen (+ 1.79%), Bnp (+ 1.75%) and Bper (+ 1.56%) did well. Banco Bpm (+ 0.49%), Intesa (+ 0.3%) and Unicredit (+ 0.16%) are more cautious. (HANDLE).
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Source From: Ansa
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