Il Petroleum returns to frighten the markets and in fact in Piazza Affari, which at the end of the morning is below 17.000 points, energy stocks are among the worst stocks of the Ftse Mib Tenaris and Saipem, which around 11,30 lost respectively more than 5% and 4,4%. Tenaris drops below 9 euros per share after being removed from Equita's main portfolio and awaiting the accounts that will be published in the Italian night, after the closure of Wall Street. Saipem, on the other hand, navigates around 0,33 euros per share and will also publish the 2015 results and 2016 guidance today. Eni which loses a point and a half below 12 euros per share.
In Milan they also suffer Ps (-5%) And Ferrari, which loses almost 4% below 34 euros per share. When it is 11,30 only 4 stocks in the main basket are in positive territory: Exor, Campari, Mediaset and Italcementi. Unicredit -1,6% to 3,276 euros, Intesa Sanpaolo with the same drop reaches 2,302 euros.
The other European price lists also go down: London -1,36% Frankfurt -2,05% Paris -1,6% (data updated at 11,40). spread Btp-Bund on the rise above 140 basis points (it even touched 150 in the morning). It weakens theeuro against the dollar, falling below 1,10 to 1,09793. Oil, which as mentioned worries the markets, continues its descent: Brent -1,74% to 3,38 dollars a barrel, wtf instead it loses almost 3% and returns to 30 dollars a barrel.
Asian stock exchanges also did badly: Tokyo ended a negative day in the wake of the previous fall in Wall Street, the weakness of oil prices and above all - in this case - the appreciation of the yen. The Nikkei index finished down 0,85% at 15.915,79 points. Just against the trend Shanghai: Shanghai Composite and Shanghai Shenzhen Csi 300 both closed with gains of 0,88% and 0,65% respectively.
Tepid reception for the 15-year BTP indexed to inflation in the euro area that the Treasury has placed today. The fourth tranche of the BTp-i maturing in September 2032, it achieved a yield of 1,22% and was not placed for the maximum amount envisaged by the Treasury. In detail, against a demand of 1,33 billion euro and a maximum offer from the Treasury of 1 billion euro, the amount issued was 904,1 million euro. The auction regulation falls on February 26th.
