Few insights into the stock markets of the Old Continent after the start of Wall Street: operators seem to be waiting above all for the many macroeconomic data from the United States, with Milan (Ftse Mib +0.7%) slowing down in the morning.
However, Piazza Affari remains the best in Europe by a few fractions, where London rises by 0.1%, Amsterdam is flat while Paris and Frankfurt lose 0.1%.
Madrid is weak, losing 0.8% with the 4% slide of Banco Santander on the hypothesis of US sanctions on banks in some way active in relations with Iran.
In this climate, Italian credit institutions remain strong but below the highs of the day, led by Unicredit which rose by 8% to 28.8 euros after the institute led by Andrea Orcel recorded a 2023 profit of 8.6 billion better than expected, that in fact everything will be redistributed to the shareholders if the buyback is also considered, with the market very positive about the prospect of another 10 billion arriving to remunerate shareholders this year.
MPS and Intesa also did well, rising by more than two percentage points, while Tim remained weak, dropping by 2.8% to 0.28 euros.
The BTP-Bund spread remains calm at 156 basis points, gas is down 1% to 28.8 euros per megawatt hour.
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