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(Il Sole 24 Ore Radiocor) – Moderate rise for European stock exchanges: thequarterly effect continues to support investor sentiment on the equity markets, balancing fears related to the spread of Covid and the problems of Chinese real estate sector after another builder, Modern Land, did not respect the payment of a dollar bond, returning to voice the risks of the domino effect after the crisis of the giant Evergrande. In the United States, where Dow Jones and S & P500 updated records, Facebook opened the round of Big Tech budgets announcing earnings above analysts’ forecasts of more than $ 9 billion, even though revenues were lower than forecasts. On the foreign exchange market, the euro is up slightly ahead of the ECB summit on Thursday: the single currency is worth 1.1638 dollars from 1.1600 yesterday at the close. Little moved the price of oil.
In Piazza Affari again Unicredit and Mps in focus
The potential repercussions of the halt to negotiations between Unicredit and the Ministry of the Economy on Banca Mps continue to hold its own on the FTSE MIB in Piazza Affari. This highlights Banco Bpm in particular which, once the Siena option has been archived, could end up in the crosshairs of the institute led by the CEO. Andrea Orcel. Ferrari and Stmicroelectronics also did well, while Amplifon lost ground.
Nikkei closed at + 1.8% driven by US rallies with quarterly reports
The Tokyo Stock Exchange closed strongly on the back of new records recorded the day before on Wall Street thanks to the positive results of major companies. The market also found support in a survey that appeared in the Japanese press last night, according to which the Prime Minister Fumio Kishida’s Liberal Democratic Party could maintain a comfortable majority in the Japanese parliament after the October 31 general election. At close of trade, the Nikkei Leadership Index gained 1.8% to 29,106.01 points and the broader Topix gained 1.2% to 2,019.30 points, with all 33 sectors positive.