European stock markets down, in the wake of the prudence of Asian lists. The markets await the US quarterly before taking a precise direction. At the end of the morning the index Ftse Eb it dropped by 0,16%, to 21524. The spread between the BTP and the Bund restarted from 157 bp, for a 2,84-year yield of XNUMX%.
London falls by 0,2%, Paris -0,33% Frankfurt -0,14%. Madrid falls by 0,46%. In Europe, all sector indices are down with the exception of Utilities (Stoxx +0,3%). The greatest losses are for raw materials (-0,7%), banks (-0,5%) and oil (-0,3%). Weigh the decline in industrial production in Germany (-1,8% in May).
In Piazza Affari, the center of the scene is there Mediaset (+1,68%, approximately +3% at the start of the session), which sold at Telefonica 22% of the Spanish digital TV platform Canal Plus (formerly Digital Plus) for 325 million euros. The Spanish group will also enterin the Italian pay TV Mediaset Premium with 11,11% for 100 million euros, valuing the Fininvest newco over 900 million, the base value for the entry of other partners (Al Jazeera or Vivendi).
Slide in the meantime Telecom Italy (-0,8%). Major banks fail to recover after Friday's treadmill: Unicredit -0,8%Understanding -0,8%. The conclusion of the negotiations for the establishment of the joint bad bank with Kkr seems imminent.MontePaschi -1,6%. Stronger the descent of Banco Popolare (-2,2%), while Mediobanca retreats by 1,7% e Ubi 1,3%.
Carige -0,60%: the offer of unexercised rights (99,9% of ordinary shares has been subscribed) will start tomorrow. It's an exception Bank Ifis, which advanced by 0,3% after buying a portfolio of non-performing consumer loans for a nominal value of almost 1,3 billion.
Falling oil isn't helping Eni which marks a slight -0,1%. Weighing the decline of Total, -0,9% in Paris after announcing a weak performance of the refining will have repercussions on the margins of the second quarter. Goes down Saipem (-0,4%).
Weak major industrial stocks: StM -0,6% Fiat -0,9% Finmeccanica -1%. salt Prysmian (+0,7%) despite having lost at sea, due to an accident during the transport phase, the power cables for the Deutsch Bucht and Butendiek offshore wind farms in Germany. The company estimates the value of the cargo, covered by the insurance, at 28 million.
Salini Impregilo drops by 0,43% despite the assignment, together with the Strabag consortium, of the works for the lot of the under-crossing of the Isarco river, the southern section of the Brenner base tunnel. The total value of the contract is 300 million euro, and Salini Impregilo's share is 41%.
He misses out Indesit (-1%) after postponing the family's decision on the next partner. Italcementi -0,35%: Lafarge and Holcim presented the list of assets to be sold in order to obtain approval for the merger of their assets (worth 50 billion).
Finally, the luxury stocks go down: Yoox -2% Moncler -0,8% Ferragamo -1,5%.
