2024-03-27 15:49:23
(ANSA) – MILAN, MARCH 26 – Slightly growing session for the Milan Stock Exchange, which moved in line with Europe: the Ftse Mib index concluded with an increase of 0.14% at 34,688 points, the Ftse All share up 0.16% to 36,888. Among the stock markets of the Old Continent, the best stock exchange was that of Frankfurt, which closed with an increase of 0.6%, followed by Paris with an increase of 0.4%. Madrid rose 0.3%, while Amsterdam and London rose a modest 0.1%. Calm in the government bond sector, with the spread between 10-year BTPs and Bunds holding steady: the differential ended the session on the electronic markets at 129.6 basis points compared to 130 at the start of the day. The yield on the Treasury product is at 3.64%. Gas prices, however, fell on the Amsterdam market: the methane future for delivery in April closed down 4% at 27.1 euros per Megawatt hour. In the energy sector, oil struggled to hold 81 dollars a barrel. Operators are always looking at the Fed and the ECB, which are expected to start cutting rates in June, even if there are fears that the US central bank may ease tightening during the year less than expected. In this sense, US ‘core’ PCE price data, which will be released on Friday with almost all stock markets closed for holidays, are highly awaited. In this context in Piazza Affari in the large capitalization basket, an excellent session for Saipem, which rose by 4.6% to 2.25 after a positive report from Berenberg. Bper (+2.8%) and Popolare di Sondrio (+2.6%) also did well, while MPS closed before the announcement of the sale of a further stake by the Mef up by 1.1%. at 4.26 euros. Sales instead on Stellantis, which lost 2.1%. Among the ‘minor’ stocks, Rai Way rose by 5.5% to 5.1 euros after the accounts and reconstructions of possible regulatory relief for the hypothesis of a merger of Ei Towers. Mfe-Mediaset, which holds 40% of Ei Towers, also did well and closed up 2.2% at 3.1 euros. (HANDLE).
2024-03-27 15:49:23