Africa-Press – Angola. The main European stock exchanges traded mixed today, with investors digesting the first hike in key interest rates in 11 years, decided on Thursday at the meeting of the European Central Bank (ECB).
Around 08:55 in Angola, the EuroStoxx 600 rose 0.01% to 424.45 points .
The Paris, Frankfurt and Milan stock exchanges fell by 0.20%, 0.27% and 0.17%, while those in London and Milan rose by 0.13% and 0.38%.
After opening higher, the Lisbon Stock Exchange maintained its trend, with the main index, the PSI, rising by 0.27% to 5,900.71 points at around 08:55.
At the monetary policy meeting on Thursday, the ECB increased the three key interest rates by 0.50 percentage points, the first increase in 11 years, with the aim of curbing inflation and indicated that in the next meetings it will continue to raise rates of swear.
The increase of 0.50 percentage points was higher than the anticipated 0.25 points.
The ECB also announced the creation of a new instrument to protect the most fragile countries from speculative attacks on their debts.
The creation of the Transmission Protection Instrument (IPT) was presented by the ECB as “necessary to support the effective transmission of monetary policy”.
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