Volatile European exchanges. Atlantia on the shields

2020-10-14T11:09:47.843Z

The European exchanges oscillate between plus and minus following the trend of the futures of Wall Street. The first day of the US quarterly season did not provide particularly significant insights. Caution remains for the spread of Covid and suspended vaccine trials. Milan is currently the best and rises by 0.24%, while London, Frankfurt and Paris are down a few tenths of a percentage point. On the Piazza Affari list, Atlantia flies + 8.63%. The share is driven by the news of the exclusive negotiation with Cassa Depositi e Presti for the sale of the entire package of the subsidiary Autostrade per l'Italia. In a situation of uncertainty, purchases shift to government bonds, which are considered less volatile investments. Yields therefore fall with the ten-year BTP which remains at an all-time low of 0.65%, while the differential with German Bunds rises slightly to 122 basis points.