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European stocks rise for fifth consecutive week

European stocks rise for fifth consecutive week

European stock markets close positive for the seventh session and the fifth consecutive week. Milan gains 0.59%, for the week it rises by 3%. Paris also rises 0.42%, London 0.59%, and Frankfurt 0.30% while Wall Street proceeds weak and contrasting.

Analysts are focusing on developments in negotiations between Ukraine and Russia.

The spread with German bunds remains stable at 100 basis points.

On the stock front at Piazza Affari, Iveco stands out +5.64%, Leonardo +3.40%, Telecom +2.4% and Cucinelli +3.20% while Mps loses ground -0.82%. Brent oil recovers and rises above 65 dollars per barrel, gas stable at 35 euros per mwH.

Rai News 24

Rai News 24

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