The European stock markets continue weak after the cautious start of Wall Street, heartened by the painless revision of the data on American inflation in 2023 by the Labor Office.
Piazza Affari, which moves against the trend, rises by 0.4%, while London (-0.1%), Frankfurt (-0.2%) and Paris (-0.2%) are struggling in a session without significant macro data , in which investors remain at the unexpected window of next Tuesday's US inflation data.
Bonds are weak, with government bond yields rising slightly.
That of the BTP rises by 3 basis points to 3.95%, with the BTP-Bund spread unchanged at 157 basis points.
On the energy front, oil is on the rise, with WTI rising to 77 dollars a barrel (+1%) and Brent reaching 82.2 dollars (+0.7%) while gas in Europe drops by 2.8% to 27 euros per megawatt hour.
In Piazza Affari Iveco flies after the accounts (+8.1%), ahead of Leonardo (+3.4%).
Banco Bpm also did well (+2.1%) in the wake of the quarterly results and the rise in the coupon, the auto stocks with Ferrari (+2.1%) and Stellantis (+1.6%), lively Stm (+1, 5%), Interpump (+1.5%) and Tim (+1%).
Two-speed banks with Unicredit rising (+0.9%) and Mps (-1.5%) and Intesa (-0.8%) falling back.
Sales on Mediobanca on the day of the accounts (-1.6%), utilities performed badly with Hera (-3.2%) and A2A (-2.5%).
Saras runs outside the FtseMib (+9.6%) after the confirmation of the negotiations with Vitol on the Moratti family's share.
Reproduction reserved © Copyright ANSA