The main European stock markets are picking up pace after the slow start of the US indices.
Milan (Ftse Mib +0.9%) confirms its lead, followed by Madrid (+0.66%), Paris (+0.36%), Frankfurt (+0.3%) and London (-0.2 %), which moves against the trend.
The spread between German ten-year BTPs and Bunds increased to 155.1 points, with the Italian annual yield falling by 5 points to 3.91% and the German one by 2 points to 2.35%.
On the eve of the US inflation data, the dollar confirmed its growth at over 0.92 euros and 0.79 pounds.
On the other hand, crude oil (WTI -0.72% to 76.3 dollars per barrel) and natural gas (-3.79% to 26.09 euros per MWh) are decreasing, remaining at their minimums in Amsterdam since 24 September 2021
. purchases are concentrated on the luxury sector in the wake of the leap of Tod's (+18.04% to 42.94 euros), which is close to the 43 euros of Crown Bidco's takeover bid for 33% of the capital, which leaves the majority shareholding to the Della Valle family (54%) and aims to withdraw the stock from the list.
Burberry (+3.7%), HugoBoss (+3.15%), Cucinelli (+2.68%) and Puma (+1.9%) are up, while Moncler is more cautious (+0.4%).
Renault's automotive sector is at its best (+1.9%), while Saipem stands out in the energy engineering sector (+5.08%), in view of the preliminaries of February 28th, followed by Subsea 7 (+2.38%) .
Oil companies Eni (+0.73%) and Shell (+0.63%) did well.
Tim (+2.33%) sprints in Piazza Affari in view of the accounts, which will be examined by the Board of Directors in two days and presented to the market on February 15th.
Saras slips (-3.62% to 1.73 euros), which goes below the price of 1.75 euros paid by the Dutch Vitol to Moratti to take over 35%.
Last Friday the price circulating, denied by the family, was 2.2 euros.
Reproduction reserved © Copyright ANSA