The main companies close positively European stock exchanges, with the exception of Frankfurt, just below par. Also doing well Milan Ftse Eb on the rise while the BTP-Bund spread remains in the 74 basis point area, with the yield on the Italian 10-year bond falling to 3,83% and the German Bund of the same maturity remaining above the critical threshold of 3%. Wall Street However, it remains little moved in the last session of the week. Investors, however, continue to move with caution while waiting for developments from the Middle East. While betting on the continuation of the negotiations between the United States and Iran, the climate remains tense after the latest cross-attacks. Petroleum remains stable after the decline of the day before, demonstrating that the world of financial markets is betting on peace, also declining natural gas.
READ MORE Chip cravings return, as SK Hynix makes its US debut. di G. Bruschi
In addition to geopolitics, investors' attention is focused on the imminent launch of the quarterly season. Next week will be the major US banks to announce the accounts, while the spotlight will subsequently shift to the hyperscalers and the companies most exposed to the issue ofartificial intelligenceAfter weeks of heavy selling, interest in the semiconductor sector is returning. The South Korean index Kospi, which until two sessions ago had lost about 20% of its highs of June 19, continues its recovery today. Anticipation is also growing for the debut on the Nasdaq of Sk Hynix: the group, already listed in Seoul, has raised over 26 billion dollars in view of the listing, achieving one of the largest stock placements in the United States by a foreign company and surpassing the record held by AlibabaThe operation could continue to support the sector of chip, already boosted in Thursday's session by Micron's announcement that it will invest over $250 billion by 2035 to meet the growing demand for memory for artificial intelligence applications.
A Business Square, However, St Microelectronics falls after a jump of more than 7% the day before. Banking stocks also remain in the spotlight, awaiting further developments in the sector's risky game. Among the best performers on the list is Mediobanca. Highlights too Stellantis despite the persistent difficulties of the European automotive sector, which re-emerged even after the decisions announced by Volkswagen on the closure of some factories.
To report Vodafone that flies to the London Stock Exchange, after the raid on its capital by the French entrepreneur Xavier Niel which has reached an agreement to acquire the entire stake held by Emirates Telecommunications in the British telecommunications group, becoming its largest shareholder. In the spotlight the easy family of brands. following Apollo's offer of £7,15, higher than Castlelake's offer of £6,9 last Monday.
