Stock Exchange: Europe travels positively, Milan the best (+ 0.7%)

Stock Exchange: Europe travels positively, Milan the best (+ 0.7%)
Stock Exchange: Europe travels positively, Milan the best (+ 0.7%)

MILAN, 23 JUL – European stock exchanges with a positive trend in the last session of a week marked by Monday’s thud on the fears of the Delta variant of Covid. The lists show a recovery even after the indications from the ECB that it will continue its accommodative policy. The area index of the Old Continent, the stoxx 600, gains more than half a point with the evidence in particular of industrials and stocks related to information technology. Energy is also good pace while oil travels just under $ 72 per barrel with wti. Among the individual squares, London gains 0.58%, Paris 0.55%, Frankfurt 0.53%. Milan wins with + 0.7% with the evidence of Azimut (+ 2.4%) recently confirmed ‘overweight’ (underweight) by Barclays and Tenaris (+ 2.3%). On the macro front, good indications came from the German SME, which rose above expectations in July. The French one, on the other hand, is under estimates. The spread between BTP and Bund is slightly reduced, traveling in the 104 points area with the Italian ten-year yield below 0.63%. The five-year period was negative (-0.03%). On the exchange front, the euro remains little moved at 1.1779 against the dollar. (HANDLE).

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Stock Exchange Europe travels positively Milan

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