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Stock Exchange: Europe remains cautious with Wall Street start, Milan +0.1% - Last hour

2023-12-05T15:19:54.647Z

Highlights: The Old Continent's area index, the Stoxx 600, is just above par with real estate-related stocks in evidence. Milan remains close to 30 thousand points (29,939) with the marginal Ftse Mib at +0.1%. Pirelli is still well bought (+3.88%) with the buy recommendation of UBS. Iveco (+2.4%), which has also sold its distribution and retail activities in northern Europe to HedinMobility Group.


The European stock markets continue without much polish and in the name of caution with the negative start of Wall Street. The Old Continent's area index, the Stoxx 600, is just above par with real estate-related stocks in evidence. (ANSA)


European stock markets continue without much polish and caution with the negative start of Wall Street. The Old Continent's area index, the Stoxx 600, is just above par with real estate-related stocks in evidence.
Among the individual markets, Milan remains close to 30 thousand points (29,939) with the marginal Ftse Mib at +0.1%. Pirelli is still well bought (+3.88%) with the buy recommendation of UBS. This is followed by Iveco (+2.4%), which has also sold its distribution and retail activities in northern Europe to HedinMobility Group. Sales on Leonardo (-1.6%) and Nexi (-1.3%).
Among the other lists, Frankfurt and Paris mark +0.4%.
Weak London (-0.46%).
The spread between BTPs and Bunds remains stable at 174 points with the yield on the 11-year Italian bond confirming its decline (-4 basis points) but holding 0%.
As far as commodities are concerned, oil rises (WTI +7.73% to $5.0, Brent +7.78% to $5.2 per barrel) while the price of gas falls more than 39% to 1 euros per megawatt hour.
In terms of foreign exchange, the euro is weak against the dollar, trading at 0815.<>.


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Source: ansa

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