Stock market: Europe improves in the final with Wall Street, Milan +0.5% – Italy-World

by times news cr

2024-05-10 17:11:52

(ANSA) – MILAN, MAY 09 – The main Milan – Italy-World”>European stock exchanges are slowing down in the final push of US indices after requests for subsidies. The best is Frankfurt (+1.11%), followed by Paris (+0.7%), Milan (+0.5%) London (+0.4%). Madrid, however, remains weak (-0.9%). The spread between German 10-year BTPs and Bunds falls below 134 points, with the Italian yield growing by 3.7 points to 3.82% and the German one by 3.1 points to 2.49%. The dollar is weak, trading at 0.92 euros and 0.79 pounds. Crude oil rises (WTI +0.65% to 79.48 dollars per barrel) together with natural gas (+0.85% to 30.88 euros per MWh). All eyes are on the hostile takeover bid launched by the Spanish BBVA (-6.06%) on the Catalan Banco Sabadell (+3.03%). Weak HSBC (-4%), BPER (-3.22%), Banco BPM (-1.54%) and BPS (-1.38%). The oil companies TotalEnergies (+1.77%), BP (+1.12%), Shell (+0.73%) and Eni (+0.52%) hold their ground. The automotive companies Stellantis (+2.47%), Renault (+1%) and Porsche (+0.96%) were positive, compared to Ferrari (-0.32%). (HANDLE).

2024-05-10 17:11:52

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