The confidence of consumers and businesses is falling and the fear that the slowdown will turn to recession is 90. Piazza Affari is flying lower and lower and even today it is the worst in Europe: -0,97%, 18.397 points, with banks in the red suit. Unicredit drops 3,8% and drops below 10 euros (9,822 per share). Banca Mediolanum, on the other hand, appreciated, +5,24% in its last session on the main list.
Mediaset also did well, +1,93%, which after twenty years will give way to the Ftse Mib Juventus (-4,63%) and Amplifon (-7,64%), next Thursday, at the reopening of the Milan stock exchange, after the Christmas holidays. Even the bond returns negative, after a few days of relief for the escaped infringement procedure on the manoeuvre. Perhaps very little is needed, given the scarce trading, typically before holidays, but the language of numbers says that the yield on the Italian 2,83-year bond rises to 257.20% and the spread with the Bund revises to 2,31 points (+XNUMX%).
Santa Claus he does not even bring gifts to Madrid -0,38%. After various ups and downs, Frankfurt instead closed positive +0,16%; Paris +0,04%; London +0,17%.
Wall Street, which seemed determined to rebound, after a few hours from the start of trading, is traveling in contrast. A series of chiaroscuro macro data, the risk of a long shutdown, the weakness of oil contribute to this not very reassuring climate. In addition, today is the day of the three witches in which index futures, index options and stock options all expire. A blend that explodes volatility.
Fears of a global slowdown also creep. In Europe, confidence is a declining asset: in Italy, that of consumers and manufacturing companies fell in December to its lowest level since 2016; in the euro area, consumer confidence is at its lowest level in two years.
Meanwhile the single currency depreciates against the dollar and drops to 1,141, while gold stabilizes its run near 1258 dollars an ounce.
Il Petroleum does not know which way to go: Brent falls by 0,46% to 54,1 dollars a barrel; the WTI rose by 0,52% to 46,12 dollars a barrel.
In Piazza Affari, in the last session before the holidays, among the best big caps is Stm, +2,57%, which raises its head again after reaching its lowest level for 18 months. Recordati appreciates by 2.19%%, while the majority board of directors deems the consideration of 27,55 euros per share offered for the takeover bid promoted by Rossini Investimenti to be inappropriate from a financial point of view.
Good Diasorin, +2.11%%. The sales are massive on the banks (Banco Bpm -2,75%), but also on the stocks of the Agnelli stable, in particular Fiat -3,19%. Telecom, -3,81%, continues to shrink, on the day of the board meeting for the start of the preliminary investigation on the request to convene the meeting of the first shareholder Vivendi who would like a new board. Leonardo down -3,25%-
Out of the main list Carige, +6,67%, rounds off a week on a roller coaster. The shareholders' meeting on the 400 million increase is held tomorrow.
