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Stock Exchange: Europe continues cautiously, Milan on parity

Stock Exchange: Europe continues cautiously, Milan on parity
Stock Exchange: Europe continues cautiously, Milan on parity

(ANSA) – MILAN, NOVEMBER 12 – The European stock exchanges confirm their weakness at mid-session with the area index, the stoxx 600, which fluctuates on parity weighed down above all by energy with oil falling (the wti below 80 dollars a barrel and brent at 81). On the other hand, Wall Street is oriented to the upside, looking at the data on consumer confidence in the afternoon. Then the price of gas flattens (in Amsterdam it marks a -0.12% to 74.7 euros per MWh) following Aleksandr Lukashenko’s threats to interrupt the transit of gas to Europe through the Yamal-Europe pipeline. The spread rises, exceeding 123 basis points with the Italian ten-year yield at 0.99 per cent. On the exchange front the euro is stable against the dollar with the single currency exchanging 1.1451 on the greenback. The price lists move in no particular order. Paris holds at + 0.37%. Frankfurt is more cautious (+ 0.19%). London is negative (-0.34%) while Milan is on par (-0.01%, Ftse Mib at 27,628 points) again with Pirelli (+ 3.5%) and Azimut (+ 4.2%) in light and Tim (-3.7%) under sale. Worth noting in Zurich was Richemont’s run on the Farfetch negotiations for Ynap. (HANDLE).

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Stock Exchange Europe continues cautiously Milan parity

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