Go negative Business Square. After a series of rising sessions and a positive opening again this morning, the Ftse Mib index lost about 1% at the end of the morning, approaching 18.000 basis points again, and was the only European stock exchange in negative position around 11,15. whereas Frankfurt, Paris and London recorded increases between +0,3 and +0,4%. The increases in Milan are few and are guided by the title of Telecom Italy, which momentarily gains more than 3% and is steadily above the euro per share threshold after the release news for the sale of Telecom Argentina and rumors about a possible change at the top after the strengthening of the French Vivendi in the capital of the company currently led by Marco Patuano.
Also good Moncler (+1,6% to 14,57 euros), which yesterday presented some record accounts: profit +29% and financial debt halved from 2014 to 2015. Luxottica also reacts and energy companies are also in positive territory Tenaris and Saipem in the wake of the recent rise in oil prices: Brent is worth 36,93 dollars a barrel, Wti 34,5. However, Eni lost -0,95%.
Black day instead for banks, which lead the declines of the main basket of Piazza Affari: the worst are Ubi Banca, Banco Popolare, Bpm, Unicredit and also Mps after yesterday's rally. They all lose between 3 and 5%. Exchange euro dollar more or less stable at 1.095915. spread Btp-Bund in very slight rise to 125 basis points.
Risk of publishing: keep losing Rcs (-2% to 0,55 euro) on the now imminent prospect of the Agnelli family abandoning the share capital held through FCA, which will instead go to join forces with the rival group L'Espresso, which after the gains of the last few days slows down today falling below the euro per share.
On the macroeconomic front, Istat confirmed the slowdown in GDP in the fourth quarter of 2015: the adjusted value increased by 0,1% on the previous quarter and by 1% on the year. "During the year, economic growth showed a progressive weakening", says the statistical institute, confirming the estimate released on 12 February last. In 2015, GDP adjusted for calendar effects increased by 0,6% (2015 had three more working days than 2014).
