EXCHANGES AND BTP IN DOWN
BUT THE TELECOM STILL RINGS
La Milan Stock Exchange it gets worse. The FtseMib index fell by 1,36 to 15.803 points.
The others are also declining Bags of the Old Continent: London -0,5%, Paris -0,76% , Frankfurt -1,26% and Madrid -1,24%
Slight setback also of the BTP, with the 4,35-year yield rising to XNUMX% and lo spread at 308, an increase of 7 basis points.
The market makes room in view of the retail offer of the Btp I which will start on Monday. In January, the size of the Italian government bond portfolio held by foreign investors increased to 677,246 billion from the previous 666,472 billion.
In Piazza Affari, the increase of Telecom Italy which gains 2,61% after the board of directors decided to start negotiations with Hutchinson Whampoa on the hypothesis of a merger with 3Italia and to explore the possibilities of separating the network. Beyond the contrasts, the market is sniffing the air of novelty.
Mediaset, which gained 8% yesterday, fell by 5,85% after denying the sale of Premium channels.
In line with the braking of the BTPs, the banks are down: Unicredit -2,63%, Intesa -1,82%, Banco Popolare -3,77%, Bpm -2,78%. Ubi loses 3,9%. MontePaschi also down -0,31%, in positive territory in the first part of the morning.
Sales also on insurance titles with Generali which loses 1,66%. Milano Assicurazioni -0,2% and Fondiaria Sai -0,4% also went into negative territory. Unipol remains positive +0,6%.
Among the industrialists Finmeccanica drops by 1,93%, StM drops by 1,96%, Fiat loses 2,37%. Brembo loses 4,3%.
The price is still declining Petroleum with Brent at its lowest since July 26 at 103 dollars a barrel.
Weak Eni -1% Saipem -2% and Tenaris -0,88%.
It also loses ground Enel -1,41%.
