MEDIASET AND FINMECCANICA ON THE SCUDI. LEAP BY UNICREDIT, FIAT BRAKES IN THE FINAL
Final with the positive sign for Piazza Affari. The FtseMib index rose by 0,29% to 17544, Paris fell by 0,15%, London -0,15%, Frankfurt practically unchanged.
On the government bond market, the 10-year BTP rises and is traded at a yield of 3,95% (-5 basis points), with a spread of 262. Throughout the day, the indices fluctuated slightly between positive and negative without ever taking a clear direction. The situation has not changed even after the American data, which showed the risk of a slowdown in the US economy, accompanied by very low and further decreasing inflation.
Wall Street in the middle of the session recorded modest changes: S& P -0,05%, Dow Jones +0,06% and Nasdaq +0,25%. After the data on US inflation (prices down by 0,4% in April), the dollar weakened, falling against the euro to 1,291, from 1,288 at the previous close. There was no shortage of important points in Piazza Affari. Mediaset gains 6,03% after rising by 9% yesterday. Lottomatica rises by 1,6%: in the morning it reached a new all-time high.
In the spotlight luxury following the strong rise of Richemont (Cartier and Dunhill brands) which rose by 7% after announcing a profit growth of 7% to 2,01 billion euros: analysts had expected profits of 1,96, 2,52 billion. Ferragamo rises by 4,01%. Finmeccanica also rose sharply +0,37%, which also recorded an increase in debt. Fiat holds back and limits the increase to +1,14%, Pirelli is down by 2,34%. Among the banks, Unicredit stands out, rising by 0,68%, ahead of Intesa +1,6% and Banco Popolare +3,54%. Pop.Milano -1,47%, Banca Pop. Emilia -0,95% and MontePaschi -3%. Moody's downgraded Pop's rating. Milan to BaaXNUMX.
Among the insurance companies, Generali rises by 0,21%, Fondiaria-Sai -0,26%, Unipol recovers 2,5% after yesterday's fall. Cattolica rises by 2,1% the day after the quarterly. The reductions of Rcs -4%, Maire Tecnimont -6,4% were significant. Geox - 4,5%.
