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Stock exchange, German banks and Brexit support the purchases

The talks for the merger between Deutsche Bank and Commerzbank pushes the lists that also look at the moves of London - Unicredit shines in Milan, Intesa and Ubi also rise - Ferragamo does well - Cerved and Banca Ifis thud

Stock exchange, German banks and Brexit support the purchases

German industrial production is slowing down (-0,8% in January), but the new signs of the crisis do not prevent a positive start for European lists. Piazza Affari advances by 0,3% below 20.600. Similar increases in Frankfurt and Paris, Madrid +0,10%.

London +0,60% rose significantly, ahead of the start by one percentage point expecting crucial days for Brexit, an increase inversely proportional to the drop in the pound, which slipped below the 1,30 barrier against the dollar on the eighth consecutive day of decline, the longest negative series in the last ten months. British Prime Minister Theresa May will probably change the status of the parliamentary vote scheduled for tomorrow, Sun editor Tom Newton has just revealed in a tweet: "The prime minister - we read - is meeting with her in Downing Street to find a way out". According to a Unicredit report, if May were to report a contained defeat, for example by about sixty votes, "this scenario will increase the chances of an orderly Brexit".

Slight drop in the BTP on the eve of the auctions: the 2,55-year yield rises to 2,51% from 248% on Friday. The spread stands at 244 points against XNUMX.

Brent oil is trading at $66,4 a barrel, up 0,9%. Lively Saipem +1,6% pending bills.

To be reported in the Paris price list Airbus +0,5% against the drop in Boeing's premarket -9% on the US market after the plane crash in Ethiopia. Dow Jones futures lose 0,5%, while Nasdaq futures gain 0,3%.

Little move stm: -0,03%; Nvidia announced the cash acquisition of Mellanox Technologies for $6,9 billion, or $125 a share, 14% above Friday's closing price.

In the European Stock Exchanges, however, the merger between Commerzbank and Deutsche Bank which now appears more than possible: the two companies have already started negotiations on integration which, according to analysts, should lead to the cutting of 30 jobs. The EuroStoxx sector index gains 1,2%: Deutsche Bank + 3% Commerzbank + 4%.

Piazza Affari benefits from the possible merger Unicredit +2,1% to 11,44 euros on strong volumes. On positive ground too Intesa Sanpaolo (+ 0,9%) and Ubi (+ 1,5%).

Tim-0,2%. Little moved after the communication to the Sec of Cassa Depositi e Prestiti which signals the increase of the share to 8,7% of the capital. This morning the Elliott fund, a shareholder with just under 10% of the capital, invites shareholders to support it at the next assembly on 29 March.

On the eve of the board of directors on the accounts advances Leonardo +0,3%, which announced that it had received some orders for the purchase of helicopters in Japan, Mexico and Ecuador for a total of 150 million euros. In recent days, the company, in Atlanta (USA), took part in Heli-Expo, the largest helicopter show in the world, a segment that was hit by a profit warning two years ago but is now being relaunched.

Bright Salvatore Ferragamo +1,5%%, brake Atlantia -1,4%.

Down sharply outside the main basket:

Cerved -12,3%. The Advent fund, which came forward in recent days in view of the presentation of an offer, has given up on the project: the title is overpriced.


Bank Ifis 
-13,5%. The controlling shareholder, the holding La Scogliera, removed the confidence in the managing director Giovanni Bossi, his name will not be on the list of candidates for the new board of directors. The name of the new CEO should be announced tonight. La Scogliera said he has no plans to merge with the company.

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