Share

Stock Exchange, Eni and utilities support Milan

In the middle of the day, cautious price lists in Europe. Piazza Affari ballasted by the banks but Unicredit bucking the trend. Eyes on the British elections, the ECB and the hearing of the former FBI chief. Despite the unknowns, investor sentiment is growing and Istat improves the outlook on Italy. Out of the main basket, Fincantieri recovers but Pininfarina and Juventus travel in reverse

Stock Exchange, Eni and utilities support Milan

Cautious morning in Europe, where Milano, with a modest +0,09%, is the best place in the middle of the day, supported by a title big like Eni (+1,36%). Down Frankfurt (-0,47%), Paris (-0,25%) And Madrid (-0,12%).

Flat London (-0,01%), despite the good performance of the airlines, driven by Lufthansa. Meanwhile hope is kindled for Alitalia: "We started opening the envelopes this morning - says the extraordinary commissioner Stefano Paleari - and, at the moment, we have acquired 32 expressions of interest".

The general climate of the markets remains cautious, on the eve of three field appointments: the British general election, ECB meeting , testimony to the US Senate by former FBI chief James Comey.

On the other international hot front, that of Persian Gulf, the declaration of the Qatari Foreign Minister, Sheikh Tamim bin Hamad Al-Thani, according to which the government is ready to mediate after the main countries of the Arab world broke off relations, accusing the emirate of supporting terrorism.

Il Petroleum however it remains weak: Brent -0,3%, 49,32 dollars a barrel. Gold, on the other hand, marks a rise of 0,8%, to 1288,15 dollars an ounce.

The relationship is not moved euro-dollar. The greenback and the single currency instead lost share against the yen, while the Tokyo Stock Exchange closed with a loss of 1%, also weighed down by the weakness of oil prices.

In Europe, despite the many unknowns, improves investor sentiment, according to the latest survey by the German Sentix Institute and Istat comes an encouraging assessment for Italy. “The Italian economy is accelerating – writes the statistical institute in the monthly note – driven by consumption and the growth of the service sectors. The labor market is improving, marking an increase in employed persons and a significant decrease in unemployment”.

The appeal of the Italian card returns to the secondary: the spread between the 1,16-year and the Bund at the end of the morning it fell by 196.80%, to 2,24, yield XNUMX%. On the equity front, banks are moving in different directions. They go down Bpm bank (-1,65%) And Bper (-1,48%), while Unicredit salt of 0,58%. Among the financial well Finecobank (+1,27%), down Azimuth (-1,44%).

I bounce for Mediaset (+0,17%) after the losses of the last sessions, while Arnaud de Puyfontaine, CEO of Vivendi and new president of Telecom (+0,18%) claims that he would like to go back to discussing with the Biscione. Positive utilities with A2a (+ 1,58%), Terna (+ 0,99%), Enel (+ 0,98%), Snam (+0,84) and Italgas (+0,38%). In recovery Recordati (+1,01%). Sales instead for Ynap (-1,77%), stm (-1,49%) And Cnh (-1,38%).

Out of the main basket Fincantieri recovers 2,16%. They travel in reverse Pininfarina (-5,1%), Juventus (-4,99%), Banca Carige (-4,83%) And Mondadori (-3,68%).

comments