Piazza Affari leads the increases in European price lists – Corriere.it

After a few reflective sessions and the slight drop recorded in Wednesday’s session, the main European stock exchanges opened the session on the upside. In the first hours of trading, Piazza Affari recorded +0.78% to 26,077 points, Frankfurt started trading at +0.44%, Paris recorded +0.58% and London advanced by 0.24%. The spread between the BTP and the Bund did not move much at the start of the session, with Eurozone bond yields substantially unchanged compared to yesterday’s closing positions. On the Mts secondary market of European government bonds, the yield differential between the ten-year Bund and the same Italian maturity indicated at 179 basis points, unchanged from the last reference recorded yesterday. The yield of the ten-year benchmark Btp fell fractionally, indicated at 3.94% at the opening, from 3.95% at the closing on the eve.

The titles

Piazza Affari therefore leads the patrol of the European stock exchanges and seeks an extension after a series of weak meetings; there is expectation for US macro data on fourth quarter GDP and unemployment benefits, ahead of next week’s Fed meeting. The quarterly campaign in Italy is underway, with Stm showing excellent results in terms of revenues and profits and marking an increase of 8.5% on the list. The banks did well, with Unicredit +0.9%, Intesa +0.7%, Bper +0.9% and Bpm +1%. Among other financials Fineco +1.4%. Among the Interpump blue chips +1.3%, health care with Amplifon +1.7% and Diasorin +1% did well. Gi Campari, Iveco and Prysmian. energy did well, with Enel +0.5%, Eni +0.4%, A2A +0.8%.

Waiting for US data

Asian and Pacific stock markets generally up, with the Hong Kong Stock Exchange up 2.37%, the highest value in the last 10 months, catching up with the other stock markets after the three-day stop for the Lunar New Year. Up 0.7% Shanghai and 0.6% Shenzhen. Seoul finished up 1.6%, while Tokyo recorded a filing of 0.1% and Sydney 0.2%. With the day appearing to be one of anticipation especially for the US macroeconomic data of the very early afternoon, futures on the start of European share lists are slightly up.

Raw materials

Quiet opening day for raw material and energy prices. Oil slightly up at the start of the day: the WTI changes hands at 80.43 dollars a barrel (+0.35%), Brent at 86.23 dollars (+0.13%). Gas price still below 60 euros per megawatt hour in Europe. At the TTF in Amsterdam, the contract traded at 57 euros.