The bulls, those aiming at rising prices on the stock market, had a hidden hope at the beginning of today’s session. They hoped that today the stock exchanges, and Piazza Affari in the lead, would have a surge of pride. Already other times the stock markets have made a significant rise in the session of the week, despite not being a particularly favorable day. The stock exchanges expected a test of pride even if the premises were not encouraging. Yesterday the US indices closed down and the Asian stock exchanges did the same.
Unfortunately today the session did not go as hoped. Now we have to deal with a pessimistic scenario, the markets fall, hopes fall and the worst is feared on the stock market. At Piazza Affari we are now beginning to think that prices no longer have the strength to rise again in the next few sessions. The possibility of the summer rally is becoming more and more of an illusion, especially after today’s negative close. After this day here because the stock exchanges are shaking, Piazza Affari wobbles and prices risk collapsing.
Markets fall, hopes fall and the worst is feared on the stock market
At the close of the stock markets in Europe, at 17:30, the red was generalized on the lists, on both sides of the ocean. All the exchanges closed in the red even if with limited losses. The German Dax index fell by half a percentage point, just like the Paris stock exchange. London closed a fraction of a point below yesterday’s close.
Piazza Affari lost 0.3%. The Ftse Mib (INDEX:FTSEMIB) stopped at 24,792 points, very close to the lows of the day. Banking stocks have once again weighed down our stock market. BPER Banca was the worst of the blue chips with a decline of 3.2%, Banco BPM lost 2.1%. Unicredit, which lost 1.3%, and Intesa Sanpaolo, which fell by 1%, also hurt.
When exchanges in Europe were closing, all three major indices were in the red on Wall Street after a cautious start. The weakness of the US stock exchange had a decisive impact in Europe in the afternoon. In fact, until 15:30 the stock exchanges of the Old Continent had remained close to parity. But shortly after the start of the US stock market, the European lists took the path of decline.
Deepening
This the multidays analysis and the analysis of international markets by the ProiezionidiBorsa Research Department
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(We remind you to carefully read the warnings regarding this article, which can be consulted who”)
