Today’s Stock Exchanges, November 15th. Positive markets on signs of Xi-Biden easing

Today's Stock Exchanges, November 15th.  Positive markets on signs of Xi-Biden easing

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MILAN – Positive start for the European Stock Exchanges. Exchanges are favorably oriented by the climate of relaxation that reigned yesterday in the meeting between US President Joe Biden and Chinese President Xi Jinping while investors await the release of the second reading on GDP in the Eurozone in the morning. Asian trading is gaining momentum, supported by the rally in the technology sector. In great dust Hong Kongup nearly four points, while Tokyo climbed 0.1%.

On the commodities front, the IEA report on oil is awaited today while gas continues its run. In Amsterdam, the TTF future trades up 4.6% to 120 euros per megawatt hour.

Complete agreement on the sale of Nexi for 584 million

Intesa Sanpaolo has successfully completed the sale of approximately 67 million ordinary shares of Nexi, corresponding to approximately 5.1% of the share capital and the entire investment previously held, at a price of 8.7 per ordinary share, through a procedure of accelerated bookbuilding. The total consideration was equal to approximately 584 million, a note specifies.
Intesa Sanpaolo (IMI – Corporate & Investment Banking), BofA Securities and JP Morgan acted as joint bookrunners for the transaction.

Europe starts up

Rising opening for European stock exchanges. After the first trades, Frankfurt rose by 0.27%, London by 0.02%, Paris +0.34%. Milan +0.20%.

Stable spreads

The differential between Italian BTPs and ten-year German Bunds is substantially stable at 202.3 points against 202.4 on the previous day. The yield of the Italian bond stands at 4.1627%, the German one is down to 2.1397%

Euro little moved

Euro moved little at the start of trading where it is 1.0347 against the dollar. In Asia, the yen weakens after the surprise drop in Japan’s GDP (-0.3%). Japanese currency changes hands at 140.16 (-0.19%)

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