Negative day for the European stock exchanges, in the wake of the US indices, also given the fears of further rate hikes by central banks after indices on small and medium-sized enterprises better than estimates (with manufacturing not rising and not convincing) . In general, then, fears about the escalation of geopolitical tensions, especially linked to Russia and Ukraine, are weakening the lists.
At the TTF in Amsterdam the price of gas, still falling, travels below 50 euros per megawatt hour. The value of oil is down, with Brent and Wti dropping by about 1.5%. In Milan, the Ftse Mib lost 0.68% and closed at 27,409.34. The spread between German BTPs and Bunds has risen sharply, now hovering above 180 basis points. The yield on ten-year bonds also grew, around 4.4%.
Leonardo (+2.30%) and Moncler (+1.66%) did well on the main price list in Piazza Affari. Intesa Sanpaolo was equal (-0.04%). In the sessions between 13 and 17 February, the bank purchased 86.46 million treasury shares, at the weighted average price of 2.5146 euros per share. The total value of the transaction amounts to 217.42 million euro.
Behind are Banca Generali (-1.84%) and Nexi (-1.77%). Male Recordati (-1.24%), which communicated the preliminary financial results for 2022 and provided the financial targets for the three-year period 2023/2025. Unicredit (-2.10%) and Stellantis (-1.67%) also sell. Acea announced that 760,041 cars were registered in the European Union in January 2023, an increase compared to the same period in 2022. Stellantis sales also increased slightly. (in collaboration with Money.it)
