THE YIELD OF BTP AT THE LOWEST SINCE 2006
MPS STILL LIVE, FLY BUZZI
La Milan Stock Exchange the session closed just below parity: the Ftse/Mib index fell by 0,05% to 19682.
In Europe, the London index gains 0,2%, Paris +0,2%, Frankfurt -0,13% while Madrid loses 0,89%.
No European sector index shows variations above or below 1%.
The index Dow Jones loses 0,26%, the Standard & Poor's 500 falls 0,22%. NASDAQ +0,17%.
Apple Lossless Audio CODEC (ALAC), Up 1,7% after financial raider Carl Icahn sent a letter to shareholders announcing that he won't press for the tech giant to commit $50 billion to a buyback program.
The wait is high for the first testimony tomorrow of Janet Yellen. The new president of the central bank will hold the usual six-monthly hearing in Congress to take stock before parliamentarians on the state of health of the American economy.
On the government bond front, the yield on the Italian 3,69-year BTP (XNUMX%) it is at its lowest level since February 2006 and so it is also for Spanish ten-year Bonos (3,58%) which maintain a modest constant advantage over Italian government bonds. The 200-year spread fluctuates around XNUMX basis points.
The Greek premier Antonis Samaras declared that Greece does not need another bailout plan: Greece's 15-year spread against the German Bund narrows by another 577 basis points and slips to 7,45. The yield falls to 2010%, the lowest level since May XNUMX .
THEgold +0,6% to 1.274 dollars consolidates the excellent gain accumulated since the beginning of 2014 which is close to +6%.
In the index eurostoxx 50 the big banks hold the stage, in both directions: Barclays +1,2% after anticipating that 2013 closed with an adjusted profit of 5,2 billion pounds.
Among the worst of this index are the two large Spanish banks: Santander -1,5% and BBVA -2% Among the Italian banks Monte Paschi +2,27%, Unicredit -0,44% Intesa -0,67%.
Pop Bank. Milan -0,7%, aims to launch the 500 million euro capital increase by April 30, the date on which the guarantee consortium expires, reiterated the CEO Giuseppe Castagna.
Vola Buzzi +4,05%, promoted by Mediobanca to Outperform from Neutral.
Italcementi also stands out +1,5%, Mediobanca raised its target price to 7,2 euros from 5,5 euros. Neutral recommendation confirmed.
Cementir +4%: Mediobanca raised the target price to 5,2 euro from 4,5 euro. Outperform confirmed.
The negotiations for the Italian-Spanish digital platform push Mediaset +1,03%.
Telecom Italia, on the other hand, slows down -1,9%.
Among the main ones industrial titles: Finmeccanica -0,68%, StM +1,57%, slight decrease Fiat -0,82%.
In rallies Ferragamo +2,5%. Cucinelli +1,1% and Yoox +1,07% also rose.
Analyst effect on various stocks: Autogrill +1,05%: Bank of America has raised the target price to 8 euros (+14%): Buy.
Saipem +0,67%: Berenberg raised the target price to 18,1 euro from 14,2 euro: Hold.
Eni +0,42%: Société Générale lowered the target price to 16 euros from 18 euros.: Hold.
Lastly, among the mid caps Maire Tecnimont +5,8%, was awarded a contract in the refining sector in the Republic of Cameroon for a total value of approximately 715 million dollars.
