2024-04-27 00:27:38
(ANSA) – MILAN, APRIL 26 – European stock markets remain well set at mid-session, in the wake of the excellent accounts of the American big tech companies Microsoft and Alphabet, and a series of comforting quarterly reports. Piazza Affari and Madrid (+0.9%) lead the way in Frankfurt (+0.7%), London (+0.4%) and Paris (+0.3%). Futures on New York are also in the spotlight, with those on the Nasdaq up by almost 1% awaiting a series of macro data, including the PCE deflator for March, the Fed’s favorite indicator on the subject of inflation. On the Milanese list, Prysmian (+3%), Nexi (+2.7%), Popolare di Sondrio (+2.5%), Mps (+2.4%) stand out, with the banking sector well set up thanks to expectations that a high interest rate environment will persist for longer. Interpump (+2.1%), Iveco (+2.1%), Erg (+2%) and Banco Bpm (+1.9%) also performed well. Tim (+0.8%) and Teneris (+0.9%) advance despite a declining quarterly result. At the bottom of the list are Hera (-1.1%), Moncler (-1%) and STM (-0.7%). In Europe, Natwest (+5.3%) and Amundi (+6%) are euphoric after the accounts while Totalenergies (+0.4%) maintains a lower profile. CVC flies on its debut on the Amsterdam list (+23.6%) while BHP slips (-1.6%) after Anglo American’s no (-0.9%) to the Australians’ offer. Government bonds, under pressure in recent sessions, are also recovering: the BTP yield returns below 4%, down six basis points to 3.96%, while the spread with the Bund drops to 136 basis points. (HANDLE).
2024-04-27 00:27:38