Market Exchanges September 27 | Piazza del Affari in red: Mps lost 6.6 %

TheMilan stock exchange started trading cautiously, with the FTSE Mib index fluctuating near zero (+0.1% to 28,101 points). A negative start was also noted on the leading European stock exchanges. Paris fell 0.05% to 7,080.86 points. Frankfurt lost 0.2 percent to 15,239.95 points. London also shows a negative trend with a decrease of 0.12% to 7,618.47 points, while Madrid rises 0.17% to 9,385.56 points. Amsterdam's AEX closes first trades at 722.39 points (+0.13%).

In Italy, the difference between Btp and Bund bonds narrow to 191 points and the yield falls to 4.69%. Top stocks include Nexi (+1.7%), Ferrari (+1.3%) and Amplifon (+1%). However, shares of Banco Bpm (-1.1%) and Bper (-0.78%) continue to decline as rumors emerge about the possible creation of a third banking pole. Tim is also negative (-0.7%) with its board of directors meeting today to consider an extension request from Kkr. Mps also starts trading on Piazza Affari with a dip as rumors continue that the Ministry of Finance is preparing to sell some of its stake, representing about 64% of the total capital, on the market. The newspaper Il Messaggero returns to the subject today, referring to the mandate given to Equita to study the modalities and timing of the divestment, which, according to the newspaper, could affect an 8% stake and take place as early as the first decade of October. The company's shares, which already closed yesterday down 4.3%, are losing another 3% on the stock exchange today at €2.48, reflecting the impact of a possible share offering.

The Tokyo exchange reversed direction to close slightly higher, supported by yen weakness and cheap buying, while Hong Kong continues to show gains despite the release of Chinese economic data. After a significant negative opening, the key Nikkei index closed 0.18% higher at 32,371.90 points, while the Topix index rose 0.32% to 2,379.53 points.

Oil prices are rising. Texas Intermediate WTI crude oil price rose 0.84% to $91.15 a barrel. The price of Brent North Sea crude rose 0.50 percent to $92.89 a barrel. European gas prices are falling. On the Dutch Ttf market, quotes for October futures are at €39.40 per Megawatt-hour (MWh) and are already down 2.9%. Quotes for futures for November fell by 2.09% to 42.9 euros. Yesterday's close was 40.32 euros per MWh.

The dollar reaches a 10-month high and trades at €1.0571. The euro strengthens slightly against the yen to 157.5. The dollar is also rising against the yen to 149.03.

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