Stock markets today, june 19th. Weak price lists, Goldman cuts Chinese growth. ECB, Schnabel: “We must continue to raise interest rates”

The ancient continent’s arenas are still weak

European stock markets were weak on the first day of the week, with US listings halted due to holidays. Milan loses 0.3%, less than Madrid (-0.36%) and above all London (-0.44%), Frankfurt (-0.66%) and Paris (-0.72%), with fewer exchanges than usual, limited to 500 million euros in Piazza. Avary. Listings were affected by lower gold (-0.34% to $1,958.37 an ounce) and crude oil (Wti -0.64% to $71.32 a barrel), with sales mainly in the raw materials sector, starting with chemical giant Basf (-2.59%), with Considering downgrading the recommendation from ‘Buy’ (Buy) to ‘Hold’ (Keep in portfolio), by HSBC analysts. Also under pressure are Air Liquide (-3.26%), Antofagasta (-1.77%), Anglo American (-1.7%) and ArcelorMittal (-1.24%). Oil producers Shell (-0.54%), Eni (-0.48%) and BP (-0.29%) are more cautious, in contrast to TotalEnergies (+0.1%). Semiconductor producers STM (-0.2%) and Infineon (+0.5%) were by contrast, while luxury suffers from uncertainty in the Chinese market, with tensions with the US over the future of Taiwan. Moncler loses 1.6%, Kering 1.55%, Lvmh 1.56% and Richemont 1.4%. Purchases on banks, from Italian Mps (+2%), Bper (+1.58%) and Unicredit (+1.2%) to Standard Chartered (+1.54% in London) and SocGen (+1.1% in Paris). Weakness of NatWest (-0.74%) and Commerzbank (-0.29%).