(Il Sole 24 Ore Radiocor) – Definitively put aside the uncertainties of the first few bars, the European stock exchanges they decidedly take the path of hikes and accelerate their pace, looking for ideas to look at the war in Ukraine with less apprehension. In this sense, we like the words of an official from Kiev, according to which the delegations of Russia and Ukraine are ready to continue the talks in presence, in Turkey, and not in virtual form as happened in recent days. The meetings are expected to take place from 28 to 30 March. This is after Ukrainian President Volodymyr Zelensky said he was ready to discuss Ukraine’s neutrality over the weekend as part of a potential peace agreement with Moscow. This is precisely one of the requests considered essential by the Kremlin. However, there remains concern over the military developments of the conflict, with Berlin thinking of an anti-missile shield and American President Joe Biden who raised his tone over the weekend, calling his Russian counterpart Vladimir Putin “a butcher” who “must not remain aloof. power », only to backtrack to a certain extent.
So they are all up sharply on FTSE MIB of Milan, on CAC 40 of Paris, on DAX 40 in Frankfurt, theIBEX 35 in Madrid, the Ftse 100 in London andAEX of Amsterdam. Open the Moscow Stock Exchange , where all 50 Moex stocks return to be traded, the main list, albeit with limitations (for example, short selling is still prohibited): the Moex index loses about 2%. This is while the return of Covid to Asia, with Shanghai in lockdown, causes crude oil prices to slide and the inflation theme puts pressure on government bonds: for the first time since 2006, the yield curve and maturity have been inverted in the United States. 5 years yields more than that at 30. In Japan, the NIKKEI 225 Tokyo closed down, slowed by the performance of chemical and electronics stocks.
Eyes on Tim, the best is Saipem. Eyes on Generali
At Piazza Affari redemption Saipem after the plan and the financial maneuver, which had caused the prices to slide. Focus on Telecom. In a note, the group specified that “discussions with Kohlberg Kravis Roberts (Kkr) continue in order to acquire the information necessary to judge the concreteness, relevance and attractiveness of the non-binding and indicative event of interest sent on November 17, 2021”. Tim also specifies that on March 25 “a non-binding proposal was received from the CVC fund, concerning the purchase of a minority shareholding in a company, to be established in the event of completion of the transaction, which would include the activities of Tim’s Enterprise division (ie connectivity and ICT services) as well as those of Noovle, Olivetti, Telsy and Trust Technologies “. The proposal will be subjected “to the decisions of Tim’s board of directors”, concludes the note. Lively Generalafter that, as reported Sunday by The sun 24 hoursthe banking commission has convened the CEO Donnet to ask for clarification on seven points including lists, governance, shares, dividends and programs.
Oil down with Shanghai lockdown, gas also down
Oil has slowed down sharply due to demand concerns from Asia. In China, the city of Shanghai has decided to introduce a two-phase lockdown to deal with the new rise in Covid-19 infections, which has triggered great uncertainty about a possible weakening of the demand for energy. “The new restrictions have triggered a wave of sales, as investors are disappointed because they thought closures in Shanghai, a city with 26 million people, would be avoided,” Fujitomi Securities analysts said. After the rises of last week, the first rising after two octaves of declines (Brent + 11.5% and WTI + 8.8%), oil therefore returns to decline: the contracts expiring in May of the WTI move back by 4 , 64% to 108.61 dollars a barrel, those of Brent with the same maturity fell by 4.33% to 115.36 dollars. The prices of gas listed on the European market also fell on the US proposal to supply Europe to reduce dependence on Russia: April contracts traded in Amsterdam fell by 5% to 96.1 euros per megawatt hour.
