Share
by Fabrizio Patti
25 October 2021Opening slightly higher for European stock exchanges, in a week in which there will be important meetings of central banks: from the ECB to the Bank of Japan.
In Milan, the Ftse Mib index marks at the start + 0.17% per cent.
Last week it closed with a rise of + 0.31%, October so far + 3.46%.
In the rest of Europe, London + 0.31%, Frankfurt + 0.11%.
In the spotlight the MPS and Unicredit banks, after the breakdown of the negotiations for the acquisition of the Sienese bank by the institute in Piazza Gae Aulenti.
Unicredit drops by 2.2% after a few minutes from the start;
Mps at the opening failed to open, suspended due to excess downside.
The stock is currently down by 8.5 percent.
Piaggio was also highlighted, + 0.76% after news of an agreement with BP for the development of a range of services to support the spread of two or three-wheel electric vehicles in Europe, India and the rest of Asia.
Overnight, contrasting performance of the Asian markets: negative Tokyo (-0.71%), also following the negative result for the ruling party of a by-election for a seat in the chamber.
The Hong Kong stock exchange was flat, the Shanghai one rose by half a percentage point.
On the Hong Kong list, Evergrande's stock fluctuated above and below parity: + 1.12% at the end of the session.
Positive was the news, relaunched by Reuters, that the real estate company, burdened by debt, has restarted ten building development projects suspended in recent months.
On the negative side of the real estate market weighs the news, relaunched by Xinhua, according to which the Chinese government intends to increase property taxes in some regions.
In Hong Kong, the quarterly report of the HSBC bank showed revenues but a pre-tax profit up 76% compared to last year, equal to 5.4 billion dollars.
Today, among others, quarterly data from Facebook are expected in the evening.
At 10 o'clock, the Ifo confidence index in Germany in October.