The spread below 100 continues to push banking and insurance stocks to Piazza Affari. While the prime minister in charge, Mario Draghi, is meeting with the political forces on Ftse Mib rises by 1,2% and boasts the best performance in Europe, benefiting from the leap forward of the banks, driven by the spread falling to 96 points towards the end of the morning. Paris is also running (+1,3%), while Frankfurt (+0,17%) is lagging behind, penalized by the disappointing data on orders from industry and London.
In Piazza Affari Unicredit, Intesa Sanpaolo (which publishes the accounts) and Banco Bpm rise by more than 3%. Bper leads the index with an increase of more than 4%. Even Mediobanca recorded a gain of more than 2% while awaiting the moves of Leonardo Del Vecchio, who in the meantime has strengthened his position in the institute to 13,2%.
It deserves a separate focus Mps Bank which soars by more than 7% to 1,16 euros. Like the other banks, Mps benefits from the Draghi effect and the drop in the spread but to this is added the prospect of a possible agreement with Unicredit. The president of the Milanese banking group Carlo Padoan, interviewed by Repubblica, did not speak of growth also through acquisitions and did not exclude the possibility of Mps being included in this chapter. However, he specified, "the hypothesis will be evaluated like all the others: doing the math" and placed the accent on the issue of capital neutrality.
