MILANO – Weak restart for the European stock exchanges in the last session of the week. The spotlights of the operators remain focused above all on China and on the crisis of the real estate giant Evergrande. After yesterday’s mini-rebound, the company’s stock became the protagonist of a new crash, falling by more than 11 points, after yesterday’s failure to pay interest on a bond issue. Signals that fuel concerns of a possible default by the company and fears of a possible contagion effect on the markets. The president of the ECB also spoke on the issue Christine Lagarde, with an interview with Cnbc. “At the moment, what we are seeing is limited impact and exposure to China. I can’t speak for the US, but I can say that in the case of Europe, direct exposure is limited.”
In Europe, Milan sells 0.25% at the start with Mediobanca and Generali in the spotlight after yesterday the institute led by Alberto Nagel announced that it had risen to 17.22% of the voting rights on the insurance giant, London loses 0 , 1%, Frankfurt 0.39% and Paris 0.01%. In no particular order the Asian lists, with Shanghai and Hong Kong in slight decline and Tokyo – yesterday closed for holidays – which closed the exchanges with a robust + 2.06%, despite a manufacturing PMI fell to an eight-month low in the month of September.
L’euro opens down but remains above $ 1.17 and is trading at $ 1.1733 and yen 129.67. The spread remains below 100: the differential marks 98 points with the Italian ten-year yield equal to 0.74%.
Among raw materials, the price of Petroleum. Texas WTI crude changed hands at $ 73.47 with an increase of 0.23%. Brent from the North Sea rises to 77.5 dollars.
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