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by Marzio Quaglino

Milan 19 October 2020 European stock exchanges had started well, then they lost their edge.

In the background, always the aid package to support the US economy.

Strong price lists also disappointed by the Chinese GDP in the positive third quarter, but below expectations.


Milan gains 0.29% and does better than London and Frankfurt which float on par.

Paris, on the other hand, after a 3-hour lockdown has restarted and rises by 0.60%.

Technical reasons have led to the suspension of exchanges throughout the Euronext circuit which also includes Brussels, Amsterdam and Dublin.


On the Piazza Affari list, the rise of Atlantia (+ 3.11%) is confirmed, pending developments on the consortium that will take over 88% of the subsidiary Autostrade per l'Italia.


On the government bond market, the yield on ten-year BTPs (0.70%) rose from historic lows and the gap with German Bunds widened to 130 basis points.



Marzio Quaglino