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Borsa: Europe even heavier after Wall Street, Milan -4.45%

2020-06-11T15:00:52.282Z


Fears of a new wave of coronavirus in the United States and Latin America, accompanied by the Fed's alarm about the considerable risks facing the US economy, put pressure on European stock exchanges which are even more so after opening in. .. (ANSA)


(ANSA) - MILAN, JUNE 11 - Fears of a new wave of the coronavirus in the United States and Latin America, accompanied by the Fed's alarm on the considerable risks related to the US economy, put pressure on the European stock exchanges which are losing even more after the sharp decline of Wall Street.
   Milan remains the heaviest with Il Ftse Mib which leaves 4.45% on the ground at 18,889 points. Frankfurt lost 3.4%, Paris 3.57% and London 3.35%.
    On the Milanese market, as in Europe, automotive titles like Cnh (-10.8%), Pirelli (-8.1%) and FCA (-7.6%) suffer, which also discounts the probable start of a investigating antitrust on the merger with Psa. Heavy Atlantia (-6.5%) unexpected in the quarterly report. Oil dropped sharply in New York, where prices fell 8% to $ 36.39 a barrel. Lospread Btp-Bund goes back to 190 basis points after falling back to 184 basis points, in the wake of the good performance of the auction of the Italian state securities. (HANDLE).

Source: ansa

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