Le European stock exchanges closed the session down, following the Asian markets. Wall Street also doing badly at the opening. Geopolitical tensions weigh on the markets, after Israel's attack on Iran and the new wave of Israeli raids, with Tabriz airport destroyed and the declaration of war by Tehran.
This climate of instability pushes towards Energy prices rise: natural gas in Amsterdam rises by more than 3%, reaching 37,4 euros per megawatt hour, while the Petroleum flies with Wti above 73 dollars (+8%) and Brent almost at 75 dollars in August.
READ MORE Stocks, Israel-Iran: Oil Soars, Rush to Safe Haven Assets by G. Bruschi
The Exchange of Milan closes in the red after tensions between Israel and Iran. At Piazza Affari it slides Stellantis. Bad too nexi and the banks. The spread between BTP and Bund rises to 94,9 points, with the yield on the Italian ten-year bond at 3,41%. In the main index they are falling Popular of Sondrio, Ps (under investigation by the Milan prosecutor's office on a possible hidden deal in the purchase of 15%), Mediobanca, Unicredit e Bper. Contains the losses Understanding. The sector also went down luxury cucinelli e Moncler. Bad Campari, Tim e stmOil surge pushes Eni, Saipem e Tenaris. Also shopping for Leonardo.
