PIRELLI SUSPENDED, EXOR RUNS. Down TELECOM AND FINMECCANICA
PIAZZA AFFARI, DOWN, GIVES ITS VOTES TO INDUSTRY AND SERVICES
Exor, +2,19% after the sale for 2 billion euros (1,5 billion capital gain) of the 15% stake in Sgs, fails to revive the mood of Piazza Affari in line with the declines of the other indices of the Old Continent .
THEFtseMib index drops by 0,68% to 17.097.
on the government bond market the 10-year BTP it is trading at a yield of 4,19%, spread at 267 (+2 basis points).
The other European markets are reflective: London -0,38% Paris -0,48% Frankfurt -0,61%. More marked, outside the euro area, is the loss of Zurich –1,05%.
The most conspicuous negative changes are for the Stoxx indices of the automotive (-1,2%), insurance (-1,2%) and telephony (-1,1%).
THEeuro it was up slightly against the dollar to 1,302, from 1,299 at Friday night's close.
Il Petroleum it reversed course and after 3 sessions of decline, recovered: Brent is traded at 100,7 dollars/barrel, +0,3%, Wti at 92,1 dollars (+0,2%).
salt thegold at 1.401 dollars/ounce (+0,9%).
Among industrial stocks Pirelli is suspended from trading pending a statement which in reality concerns its major shareholder, Camfin, also suspended.
Finmeccanica drops by 2%, the subsidiary Ansaldo loses 2,38%, StM -0,89%.
Still missing out Telecom Italy -1,42%.
Fiat Industrial rises by 0,39%, Fiat loses 0,9%).
Sale Saipem + 1,55% after the promotion of Mediobanca to "neutral" from "underperform". Positive Eni + 0,57%.
Among the financials, they retreat Unicredit -1,18% and Understanding -1,78%. Bucking MontePaschi + 0,33%.
Generali drops by 0,83%, the decline of more marked Fondiaria-Sai -2,06% and Unipol -0,83%.
Finally it falls Rcs -9% on the first day of listing after the reverse stock split.
