We have reached the last day of the week and like every Friday, the investors of Piazza Affari are waiting for the closing of the Milan stock exchange. But how did it go today? What are the news on the European stock market front today in real time? And what happens on the stock market today? The closing of the Milan stock exchange today was positive, with the MIB closing up 0.47% at 24,997 points.
The other European stock exchanges also performed well in real time, with the DAX in Frankfurt up 0.67%, the CAC 40 in Paris by 0.60% and the FTSE 100 in London by 0.63%.
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But what has determined this positive trend of European stock markets today in real time?
According to analysts, the market reacted positively to the news regarding the Covid-19 situation and the hope of a recovery of the global economy. In addition, macroeconomic data from the United States and Europe confirmed a recovery in economic activity.
But what were the stocks that drove the closure of the Milan stock exchange?
Among the major players we find the energy group Eni, which recorded a rise of 2.26%, followed by the telecommunications giant Tim, up by 2.09%. But not all stocks recorded positive performances: among the worst of the day we find the banking group Unicredit, down 2.73%, and the tyre giant Pirelli, which lost 2.17%. In general, the closing of the Milan stock exchange today was positive, but how did it go in the last week? According to experts, the Milan stock exchange ended the week up 0.2%, mainly thanks to the positive performance of the energy and telecommunications sectors.
But what are the predictions for next week?
According to analysts, the Milan stock exchange could record a positive performance, thanks to the recovery of the global economy and the news regarding the vaccine against Covid-19. In conclusion, the closing of the Milan stock exchange today and of the other European stock exchanges today in real time was positive, thanks to the hope of a recovery of the global economy and the Covid-19 situation. However, investors should always pay attention to the performance of individual stocks and macroeconomic news that could affect the market.
Tips
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Follow the news about the Covid-19 situation and the recovery of the global economy, so you can understand how they could affect the market. – Keep an eye on the performance of individual stocks and try to understand the reasons for any changes. – Pay attention to macroeconomic data from the United States and Europe, as they can influence the market significantly. Don’t forget to diversify your investment portfolio to reduce risk and maximize profits.
