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Stock market: Europe marked by weakness, spreads falling - Breaking news

2024-03-18T15:48:12.399Z

Highlights: The Old Continent area index, the stoxx600, drops a quarter of a percentage point with stocks linked to communication and basic necessities falling back. Milan, which in the morning reached its highest level since 2008, reaching 34 thousand points, lost 0.16% to 33,884 points. The spread between BTP and Bund drops to 122 points and the ten-year yield to 3.68%. Oil (WTI at 81.5 dollars) and gas (28.3 euros per megawatt hour) are on a stable rise.


European stock markets all marked by weakness while Wall Street remains positive. (HANDLE)


European stock markets all marked by weakness while Wall Street remains positive.

In a week that focuses on central banks, with the Fed meeting on Wednesday, the Old Continent area index, the stoxx600, drops a quarter of a percentage point with stocks linked to communication and basic necessities falling back.


   Real estate investments, however, are holding up.


    Milan, which in the morning reached its highest level since 2008, reaching 34 thousand points, lost 0.16% to 33,884 points.

Among the best-sellers Nexi (-3.47%) black jersey together with Brunello Cucinelli (-3.3%) and Iveco (-3%).

Always in the lead are Leonardo (+1.8%), Diasorin (+1.5%).

Increase in banking with MPS (+1.46%) and BPER (+1.37%).

Tim, who remains in the spotlight, recorded a +0.8%.


   At ex-dividend date Eni (-0.88%) and StM (-0.6%).


    Among the other markets, Paris lost 0.26%, Frankfurt 0.09%, London 0.08%, Madrid 0.12%.


    The spread between BTP and Bund drops to 122 points and the ten-year yield to 3.68%. Oil (WTI at 81.5 dollars, Brent at 85.8 dollars) and gas (28.3 euros per megawatt hour) are on a stable rise. The euro-dollar exchange rate was also flat at 1.0888.



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Source: ansa

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