Stock market: Europe consolidates the rise, Milan extends to +1.4%

2024-04-15T13:12:10.315Z

Highlights: Milan remains the best with the Ftse Mib consolidating the rise and rising by 1.45% to 34,277 points. Prysmian still stands out (+6.5%) with its maxi acquisition in the United States. Among the other markets, Frankfurt gains 1.2%, Paris 1.18%. London is marginal at -0.03%. With the escalation in the Middle East, tensions on government bonds are confirmed with 10-year BTPs rising by 6 basis points to 3.81%, the German bund is at 2.4% and the French 2.92% (+7 points) The spread remains in the area of 139 points. Weak oil (WTI at 85 dollars, Brent 89.7 dollars) and gas (30.6 euros per megawatt hour, -2.2%) are the main reasons for the sell-off in the oil and gas markets. The FTSE 100 is up 1.1% to 6,938.

European stock markets appear increasingly toned after the first data from the USA. Milan remains the best with the Ftse Mib consolidating the rise and rising by 1.45% to 34,277 points. Prysmian still stands out (+6.5%) with its maxi acquisition in the United States. (HANDLE)