I winds of war the markets are holding back, but the rise in oil prices, combined with the reawakening of the banks, allows Piazza Affari to remain in positive territory. TO Milano the main index is the rise of 0,5%, above 23.100 points. Madrid is slightly down. The other exchanges, at 12, fluctuate around parity.
La industrial production still down in the euro area in February (-0,8% from -0,6% in January), weakening the European markets. Compared to a year ago, however, the figure increased by 2,9% in the euro area and by 3,1% in the EU 28. In Italy, industrial production fell by 0,5% in February, a better figure than in January, when it was down 1,8%
Il Petroleum Brent fluctuates around 72 dollars a barrel this morning, after yesterday it had jumped to the highs of the last three and a half years at 73 dollars. The president of the International Energy Agency said the rally in early April was prompted by events in the Middle East. Oils are in progress: Eni+ 0,4% Saipem + 2% Tenaris + 0,7%.
Il BTP it is little moved, at 1,81% yield. This morning the Treasury placed 9,17 billion euros of government bonds with maturities between twenty and thirty years. The target was 7,25-9,25 billion euros.
The thirty-year bond was issued at 2,88%, the lowest since September 2016. €4 billion of 3-year BTPs were placed at a rate of 0,05%, €2,5 billion of 7-year BTPs at a yield of 1,27 .1,214% and 20 billion euro of 2,59-year Btp at XNUMX%.
Lo BTP/Bund spread it moved little compared to the opening and is trading at 131,2 basis points, with the yield on the Italian 1,813-year bond at XNUMX%.
On the currency front, the Turkish lira continues to suffer, while the cross with the dollar has been making new historic lows for days. The ruble, on the other hand, rebounded to 62,1 against the dollar.
All bankers remain positive on the Milanese list. Net non-performing loans held by Italian credit institutions fell by 5 billion in February, to 54,5 billion. Gross -19% to 163 billion. Loans grew by 2,4% year on year.
Unicredit +0,76% while it's in progress the shareholders' meeting. Jean-Pierre Mustier said: “At Unicredit I am personally committed to making the transformation a success. I am sure that also throughout 2018 we will continue to work together to ensure that UniCredit is a truly winning pan-European bank”.
Intesa Sanpaolo + 0,1%. B for Bank +0,3%. Two shareholder foundations, one from Modena, the other from Bologna and the other from Imola, have signed an agreement on 4,7% of the capital. Advance Banca Carige (+5%). Raffaele Mincione could have risen to 8% of the capital.
Tim -1,1%. From Consob communications, it emerges that Cassa Depositi e Prestiti holds 4,26%, Blackrock 2,05%.
Mediaset +0,9%. As prescribed by the supervisory authorities, Vivendi has delivered 19,9% of the capital to a trust company that it does not control, the 9,9% remains with the French company.
The star shines Juventus +5%: the market rewards the test unlined last night at the Bernabeu.
Vola Snaitech (+15%). He arrives the Playtech takeover bid at 2,19 euros per share, following the purchase of 70% of the share capital. The price of the offer is 17% higher than yesterday's closing.
Erg (+1%) reacts to yesterday's -6% due to the placement of 4% of the capital by Unicredit. In 2018, the stock distributes a total dividend of €1,15 per share (yield of 6%).
MolMed, a biotech company specializing in innovative cancer therapies, gains about two points after the announcement of the collaboration in the field of gene therapies for the treatment of rare diseases.
