Stock markets close on September 1st: gold hits its highest since April. Milan and Frankfurt top the list, while Leonardo and Tim shine at Piazza Affari

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With Wall Street closed for the holidays, the Milan and Frankfurt stock markets are leading the gains, but gold is the star performer, reaching its highest level since April. Leonardo and Tim are the top performers on the Milan Stock Exchange, but Stellantis and Ferrari are also performing well.

European stock markets closed the first session of September in a mixed bag, without the guidance of Wall Street closed for Labor Day celebrations. However, defense stocks contributed to the tone of the exchanges, on the day news broke that the jet carrying EU Commission President Ursula von der Leyen yesterday suffered GPS interference, forcing the pilot to land with paper maps. The Financial Times categorized it as a Russian attack, while Moscow denies the accusations. Be that as it may, the sector’s already buoyant stocks literally soared today.

Piazza Affari closed up 0,51%, at 42.409 basis points Led by Leonardo (+4,54%). The…

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