A day of passion for Piazza Affari ends, -1,83%, 20.524 points, the only European list in the red. Atlantia drops 22,26%, bringing the balance for the week to -26,64%, about 5 billion in capitalization losses, since the Morandi bridge in Genoa collapsed on Tuesday, causing dozens of deaths and an immediate clash between the Government , which wants to remove the concessions, and management companies. But it is overall confidence in Italy that is on the decline: the 3,12-year yield rises to 279.70%, while the spread with the Bund stops at 1,67 basis points (+291%), after having touched in the morning also the XNUMX points.
The session is instead positive for the other European stock exchanges, encouraged in the afternoon by the matching opening of Wall Street. Frankfurt +0,61%, Paris +0,83%, London +0,78% and Madrid did well. Acs falls in the Spanish capital, -1,86%, allied with Atlantia in the match for Abartis.
In New York, the Dow Jones seems to be heading for its best session in six months, +1,47%, with Walmart rallying, +10,1%, after better-than-expected quarterly and guidance. Cisco (+3,75%), Boeing (+3,94%) and Alibaba (+3,18%) were also brilliant. Investors regain some confidence thanks to the announcement of the resumption of trade negotiations between the US and China, following the news that a delegation from Beijing will go to Washington at the end of the month. On the other hand, the market snubs the fact that Philadelphia's manufacturing index fell to a 21-month low and that new construction sites and building permits grew less than estimated in July.
The Turkish lira also rears its head, supported by Qatar's willingness to invest about 15 billion dollars in the country's economy. The exchange rate with the dollar drops to area 5,7, after exceeding 7 in the worst moments of the Ankara crisis.
The euro recovers positions and the cross with the greenback returns to the 1,139 zone, after yesterday falling to a 14-month low. Among the raw materials, oil is recovering fractionally, after yesterday's losses following the data on US weekly inventories: Brent 71,16 dollars a barrel, +0,57%. Gold in modest recovery, 1179,67 dollars an ounce.
The most painful notes are for Piazza Affari, where the collapse of Atlantia also infects the other concessionaires, worried by the political climate and the approach to the rules: Astm -10,5%, Sias -7,3%, Autostrade Meridionali -2,96 .XNUMX%.
The banks close in contrast: bad Banco Bpm -3,96%; Mediobanca did well +2,12%. Outside the main basket, MPS regains its share +4,95%. Among the best blue chips in the session are Buzzi +3,03%, Unipol +3,59%, Unipolsai +1,28%, Campari +1,55%. Stm, Poste -2,97%, Prysmian -2,74%, Fiat -2,29% are among the worst.
