Stock Exchange: Europe is doing well with the banks, US GDP disappoints – Economy

Stock Exchange: Europe is doing well with the banks, US GDP disappoints – Economy
Stock Exchange: Europe is doing well with the banks, US GDP disappoints – Economy

(ANSA) – MILAN, JULY 29 – The main European stock exchanges are positive towards the end of the session, even if without particular momentum, while the data on GDP is disappointing in the US, which has returned to pre-Covid levels. Gold rose slightly (+ 0.4%) to 1,828 dollars an ounce. In Europe, the best square is still London (+ 0.9%), followed by Madrid (+ 0.6%), Paris (+ 0.5%) and Frankfurt (+ 0.4%). On the same line, Milan (+ 0.9%), with the spread slightly increasing, to 106.9 points, and the yield of the Italian ten-year at 0.62%.

The area index of the Old Continent, Stoxx 600, gains 0.4%), with the energy sector in the lead. Among the strong oil companies above all Royal Dutch (+ 3.5%) and Total (+ 2.2%), with few stocks in contrast, such as Repsol (-1.9%), with crude oil rising (wti +0.9 9% at $ 73.1 a barrel. Almost all banks did well, with some that stand out, such as Fineco (+ 3.2%), Banco Santander and Caixa (+ 2.6% both), with exceptions such as Lloyds ( -1.2%). Among the technological ones, almost all on the rise, some peaks such as Alten (+ 10.7%), Stm (+ 5.4%), Nokia (+ 4.6%) and Spectris (+ 3.7%). Cars did well, starting with Stellantis (+ 3.6%) and Daimler (+ 2.7%). Among pharmaceuticals, mixed trends, with gains for example for AstraZeneca (+ 0.5% ) with the accounts for the semester. (ANSA).

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Stock Exchange Europe banks GDP disappoints Economy

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