From deep red to leap forward, volatility is still strong on the stock market. On the roller coaster are above all the bank stocks that in the morning they were at the end of the list and at the beginning of the afternoon they are recovering. The recovery of the banks has allowed Piazza Affari to amortize the losses accumulated in the first half of the day and now the FitseMib is fluctuating just above or just below parity.
The most traded are the securities of the most contestable banks: Ps it also went from -6% in the morning to +12% to then stand at +11,9 at a level of 0,5615 euro around 14,50 pm. Banco Popolare salt by 2,72%, Bper + 6,46% bpm + 3,34%.
THERussia-Opec agreement on the production of Petroleum has disappointed expectations and there are not many who believe that it can really stabilize prices or worse still bring them back to growth: Brent delivered in April 2016 has limited the rise and is now at 33,39 dollars substantially in parity while Wti, always April delivery, went into negative territory at $31,77 -0,75%.
to 14,59 Telecom Italy it is the worst blue chip: after the release of the 2015 accounts and when the presentation of the 2016-18 industrial plan is about to begin in London, the shares lose 5,59% to 0,82 euros. Weigh the decline in revenues (even if mobile services are growing again) and Ebitda, but these were data expected from the market. The declarations arriving from France with Orange having excluded its interest in the Italian company also influenced the title.
Despite the brilliant results of the registrations of January fca it is down by 1,94% to 5,565 euros.
After closing on Monday for a holiday, Wall Street reopens its doors and futures are sharply up a few minutes into trading Dow futures rise by 165 points, 1%, those of the S&P 500 rise by 20,5 points, 1%, the Nasdaq adds 55,75 points, 1,39%. Oil in March at the Nymex moved little at 29,45 dollars a barrel.
