(ANSA) – ROME, AUG 28 – Stock markets remained calm after the flurry of US data and the start of Wall Street Thursday.
The best performer was Paris, rising 0.5% after recent days of weakness regarding the government’s stability, followed by Milan and Madrid, which rose 0.2%.
Frankfurt was flat, London stocks fell 0.2%, and Amsterdam fell almost half a percentage point. Spreads between Italy and Germany remained stable at around 85 basis points, while those between France and Italy fluctuated between 6 and 5 basis points. The euro rose 0.3% against the dollar to $1.667, while oil prices fell 0.5% to $63.8 a barrel.
Against this backdrop, Moncler, Stm, and Prysmian rose by nearly three percentage points on the Milan Stock Exchange. Saipem, on the other hand, fell by 2.5%.
TIM continued its slide (-9% to €0.41) after Iliad CEO Thomas Reynaud said that “we haven’t had any discussions with TIM since the beginning of April and they won’t resume.” (ANSA).
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The best performer was Paris, rising 0.5% after recent days of weakness regarding the government’s stability, followed by Milan and Madrid, which rose 0.2%.
Frankfurt was flat, London stocks fell 0.2%, and Amsterdam fell almost half a percentage point. Spreads between Italy and Germany remained stable at around 85 basis points, while those between France and Italy fluctuated between 6 and 5 basis points. The euro rose 0.3% against the dollar to $1.667, while oil prices fell 0.5% to $63.8 a barrel.
Against this backdrop, Moncler, Stm, and Prysmian rose by nearly three percentage points on the Milan Stock Exchange. Saipem, on the other hand, fell by 2.5%.
TIM continued its slide (-9% to €0.41) after Iliad CEO Thomas Reynaud said that “we haven’t had any discussions with TIM since the beginning of April and they won’t resume.” (ANSA).
Read article…
