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Trump effect and oil give polish to stock exchanges

The improvement in Trump's health and the rise in oil prices invigorate the stock markets – Poste Italiane exploits Piazza Affari and pharmaceutical stocks also perform well – Two golden strikes for Nexi and Fideuram – Bad instead for Bper l capital increase

Trump effect and oil give polish to stock exchanges

Donald Trump is better, or so it seems, and the purchases return to shares, also supported by the substantial rebound in oil. European stocks close higher: Milano + 1,06% Frankfurt + 1,1% Paris + 1% Madrid + 1,22% London +0,71%, while the green wave becomes bubbling a Wall Street, where the main indices are accelerating and the Dow Jones regains 28 points. However, the entertainment sector suffers and James Bond fans will still have to wait for the release of the new film. The only license to kill these days belongs to Covid 19.

It stands in Piazza Affari Saipem +4,62%, thanks to the recovery of black gold. Well too Eni, +2,97%.

Post, + 4,55%, celebrates Morgan Stanley's "A" rating Capital International (MSCI). MSCI is a leading environmental, social and governance (ESG) corporate sustainability performance rating agency, serving 97 of the 100 largest asset managers globally.

money for Telecom + 3,8% Recordati + 3,56% Mediobanca + 3,35% Diasorin +3,31%. More backward, but still in great shape nexi, + 3,14%, after the engagement, finally official, with Sia. Last night the two companies signed a 'memorandum of understanding' for the merger, from which a national digital payments giant will be born, with revenues of around 1,8 billion euros, an ebitda of one billion and a higher market capitalization to 15 billion. The first shareholder will be Cassa depositi e prestiti (Cdp).

Sales overwhelm instead Bper, -7,38% (1,188 euro per share), on the first day of the capital increase of 802 million euro aimed at the purchase of 532 Ubi Banca branches (today the Bergamo bank is leaving Piazza Affari), after the Understanding (+2,56%). "By purchasing the rights, on the basis of the fixed exchange rates, a price of Bper shares is obtained at around 1,1 euros, much lower than the market price", observes a trader consulted by Reuters.

In the wake Bpm bank it dropped 1,04%. 

Weakness for utilities, Ivy -1,33% ed Enel -0,99%.

On the Aim labomar debuts with fireworks, +20,67%, 7,24 euros compared to a placement price set at 6 euros. Overall demand was approximately 4,2 times supply for the company specializing in the development and production of dietary supplements, medical devices, foods for special medical purposes and cosmetics.

On the secondary, the yield of the ten-year BTP rises slightly (0,8%) from the lows reached on Friday, but spread with the Bund of equal duration it remains stable at 131 basis points.

In short, a positive balance sheet for the day, despite the fact that the pandemic does not give a break and many European countries are forced to take new measures to limit infections. In Italy "there will be no curfew" assures Prime Minister Conte, but there is talk of the reintroduction of the obligation to wear a mask even outdoors throughout the national territory, while, after months of suspension, the Civil Protection Operations Committee has been reactivated who had managed the early stages of the health emergency. A meeting was held this morning to take stock of the situation on hospitals and the procurement of materials.

The brightening for the markets came from the USA, with Trump, hit by Covid 19, but improving also given the blitz outside the hospital to greet fans, while hopefully in the expected new aid plans for families and businesses with a agreement between Democrats and Republicans. On the electoral side, however, Biden apparently further increased his advantage. 

The more serene climate favors purchases on the Petroleum, which rebounds about 6%. Brent trades at 41,65 dollars a barrel. Texan crude is approaching $40 a barrel.

Gold in progress. Spot gold rose by 0,73% to 1913,9 dollars an ounce.

On the currency market theeuro it appreciates against the dollar and the exchange rate is around 1,178

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