Weak Milan, cautious investors

2020-06-17T17:08:35.385Z

After yesterday's enthusiasm, fears about new coronavirus cases in China are returning to the market today. But the concern is not homogeneous on all financial markets. Contrasted closures for European stock exchanges. After a rather volatile session, Milan closed in negative territory at -0.20%. Good session instead for Paris (+ 0.88%) and Frankfurt (+ 0.54%), while London files earnings at + 0.17%. In Piazza Affari the worst stock was Tenaris (-3.19%), falling like all stocks related to the oil sector: gold prices are in fact falling again. Also down Atlantia (-2.49%), with the group seeking an agreement with the government on Aspi. The best title on Ftse Mib is Recordati (+ 6.27%) after the good results announced by the pharmaceutical for a therapy against a chronic disease. Wall Street continues in contrast, with the Dow Jones falling and the Nasdaq rising. Investors disappointed by the data coming from the American construction sector.