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by Fabrizio Patti

23 November 2021 In Europe, a mixed trend for the stock exchanges: -0.87% for the Ftse Mib Milano index, the worst result among the main financial centers on the continent.

Frankfurt -0.60%, Paris -0.23%.

In contrast to London, + 0.42%. 


A few minutes ago the opening of Wall Street: + 0.14% for the Dow Jones index, -0.44% for the Nasdaq.



The stock markets are weighed down by concerns about the new lockdowns in Europe.

And above the positive data on the Eurozone economy in November, recorded by the SME indices, all rising and beyond expectations.

The composite index was 55.8;

expectations were 53.2;

in October it was 54.2. 


Stock exchanges are also affected by the rise in government bond yields, in the United States but also in Europe. The yield of the Italian BTP rises by 13 basis points, to 1.03%. The spread with the German Bund is equal to 126 basis points (+6). 



This is the day after Jerome Powell's re-appointment as head of the Fed, the US central bank. Investors seem to be convinced that the first rate hikes will occur in mid-2022.



Tim is in the spotlight in Piazza Affari, -3% after yesterday's race.

Vivendi, the first shareholder, today reiterated its opposition to the offer of the American fund KKR.

The company, a spokesperson said, "is a long-term investor in Tim and does not intend to divest its stake."

The Minister of Economic Development, Giancarlo Giorgetti, said that "the government will rightly assess the public interest underlying a network that also has strategic profiles when the takeover bid takes place and when the plan is detailed".