Stock markets rise as EU vaccinations begin, the Brexit trade deal and President Donald Trump's signing of the public spending bill and the anti-Covid relief plan. European stocks close higher while Wall Street opens with momentum and updates its historical highs. The S&P 1500 airline index climbed 2,2% as carriers are expected to receive $15 billion in addition to wage subsidies under the new government relief package.
The terrible 2020 is thus approaching retirement riding the Bull, in this mini financial week, strengthened by the interventions of States and central banks to face the economic crisis induced by the pandemic.
In Europe the best square is Frankfurt, +1,54%, which returns to the record levels of February, before the health emergency exploded. Germany is determined to defeat the coronavirus as soon as possible, in order to bring the country back to normal and has concluded a bilateral agreement with BionTech-Pfizer for the purchase of 30 million doses of vaccine, which will add up to the quota of 55,8, 300 million destined for the Federal Republic in the distribution of the XNUMX million doses ordered by the European Union. A solitary flight forward and probably destined to arouse new controversies and discontent within the Union.
It's toned Paris +1,2%, while Madrid +0,57% are slightly behind e Milano +0,72% (22.288 points), in a context of thin trading. London is closed, because it makes up for the Boxing Day holiday. which fell on a Saturday. Takes a leap forward Zurich +1,88%, while on the currency market theeuro it appreciates against the Swiss franc and the pound after the disaster of a hard Brexit has been averted. The single currency is also making slight progress against the dollar and the cross is moving beyond the threshold of 1,22.
The raw materials are not very moved. The future gold (Feb 2021) is flat and trading around $1882,15 an ounce. The contract Brent March 2021 trades at 51,44 dollars per barrel (+0,2%).
Stocks in the oil sector are mixed in Piazza Affari: Saipem +0,51%, after the announcement of the signing together with Drass of a contract for the supply of a new submarine rescue system with the naval armaments directorate of the general secretariat of defence; Eni +0,14%; Tenaris -0,71%.
The best blue chips of the day are Moncler +3,15%; Pirelli +2,54%; Prysmian +2,66%. The utility sector did well with A2a +2,21%; Terna +1,82%; Ivy +1,7%. Banks are moderately positive. The best is Bper + 1,35%.
The Agnelli galaxy is still toned: Cnh +1,59%; Exor +1,43%; fca +0,64%; Ferrari +0,21%, which in the session reached a new all-time high of 188,45 euros per share (to close at 187,05).
Few big caps in red. The worst is Atlantia, -1,34%, on the day of the board meeting to examine the CDP proposal and the funds for an extension until the end of January for the due diligence on Autostrade. Free Diasorin -0,06%, which is about to close the year from the queen of Piazza Affari, with an overall increase of 47%, thanks to the boom in molecular tests.
On the Italian secondary, it drops spread with the German 107-year bond: 2,67 basis points (-0,51%); the yield of the BTP also decreased, remaining just above the lowest ever reached at +XNUMX%. Tap a new historical record on Bitcoin, which exceeds 28 thousand dollars.
As Consob writes in the latest Statistical Bulletin, which examines the first six months of the year: "In the share portfolio of professional customers, the weight of foreign securities is growing to the detriment of Italian ones with retail customers who 'take refuge in government bonds'".
The Covid effect on the Stock Exchange in the first half was severe: the capitalization of listed companies was in fact down by 16,4%.
