The stock markets today 2 October. Hong Kong stock markets go up, Tokyo closes lower. Gas and oil rise after Iran attack

European stock markets positive as tensions rise in Middle East: defence, luxury and autos do well

European stock markets positive as tensions rise in the Middle East. The risk of an increase in the area pushes the defense sector, while crude oil prices rise (WTI + 2.18% to 71.38 dollars per barrel) while gas settles just above 39 euros per MWh. Paris gains 0.62%, London and Milan 0.5% and Frankfurt 0.2% while Madrid changes around parity (-0.04%). Futures on the US stock exchange are negative while waiting for the unemployment rate in the Eurozone, after the release of the Italian one, which fell from 6.4 to 6.2% in August. From abroad, in conjunction with the OPEC summit, the Dallas Fed’s PCE index, mortgage applications and weekly crude oil inventories are coming. The dollar rises above 0.9 euros and 0.75 pounds while the difference between BTPs and German Bunds settles slightly above 133 points, but the Italian and German yields rise 4.7 points to 3.41%.

The defense department is greatby Leonardo (+3.54%), Thales (+2.7%), Kongsberg (+2.16%), Bae System (+2.12%), Saab (+1.97%) and Dassault (+1.76%). Oil companies in the spotlight TotalEnergies (+2.78%), Eni (+2.65%), Shell (+2.59%) and BP (+2.33%). It continues the rush of luxury thanks to the Chinese stimulus to the economy, from Adidas (+2.96%) and Richemont (+2.91%) to Cucinelli (+2.27%) and Moncler (+1.53%). Automakers Stellantis are trying to bounce back (+1.22%), Ferrari (+1.11%) and Mercedes (+0.6%), while Renault (-1.48%) and Volvo (-2.21%) continue to decrease. In particular order, the banks Hbsc (+1.88%), Santander (+1.27%), Commerzbank (-1.81%), Unicredit (+0.47%), Intesa (+0.55%), Mps (+0.5%) and Banco Bpm (+0.86%).