Closing at intraday highs for European stock exchanges which, already positive, in the second part have lengthened the pace after an official of the World Health Organization noted that from the first indications it would seem that the symptoms of the Omicron variant are “mild” and that there is evidence that vaccine efficacy is reduced by the new strain.
In Piazza Affari, where the Ftse Mib stopped at 26,298.63 points (+ 1.88%), the rises in those stocks stand out in particular, such as Stellantis (+ 5.68%), STMicroelectronics (+ 4.28%) ) and CNH Industrial (+ 3.38%), particularly targeted by sales in recent days. An increase of 1.83% for Exor which, as stated by the CEO John Elkann, thanks to the sale of PartnerRe has 9 billion euros for investments.
Money also on an energy sector (+ 4.13% by Tenaris, + 2.25% by Eni and + 1.96% for Saipem) which was able to count on oil which, after yesterday’s -5.45%, in correspondence with the stop on trading in Europe it marks a + 3.6% to 71.7 dollars a barrel.
Crude oil is in the spotlight on the day of the meeting of producing countries: if until some time ago the planned increase in output was taken for granted, now OPEC + could surprise everyone in the wake of the release of strategic stocks by three players in the caliber of the United States, China and Japan.
Very first positions also for UniCredit (+ 4%), which according to insiders would be fondling the idea of returning to the MPS dossier (+ 16.73%). The rally of the Sienese bank is attributable to the announcement of contacts with the Ministry of Economy and Finance to restart discussions with DG COMP (Directorate-General for Competition) to redefine the methods and timing of the privatization process. In the sector, a day of earnings also for Intesa Sanpaolo (+ 2.51%) and for BPER Banca (+ 2.88%).
The BTP-Bund spread also rose by 4.7% to 135 basis points (in collaboration with money.it).