Pbusiness square slows down after brilliant start and rides in parity. The spread Btp/Bund is stable at 234 basis points, the 1,84-year yield has returned to 0,53%, the bund is traded at -XNUMX%. Opening in red for other markets: Paris -1,4% Frankfurt -0,7% Madrid -0,9%.
The future of the index S & P500 of Wall Street marks a decline of 0,2%. United Airlines it is down 3% in pre-exchange after abandoning the launch of a $2,25 billion bond. The airline announced the cancellation of the loan on Friday night, following the poor market reception.
Il data on industrial production confirms the price paid to contagion. According to data released by Istat, in March there was an unprecedented plunge (-28,4%) after the -1% (revised) in February, and a record trend decline of 29,3% from - 2,3% (revised) of the previous month.
Il Petroleum Brent loses 3%. U.S. mining activity dropped last week to levels never seen in history as the number of rigs in operation dropped to 374, breaking the previous record set in 2016.
Eni, already up 1,3%, down 0,7% The company said growth targets in the four-year plan are organic and therefore not dependent on acquisitions, in responses to shareholders ahead of Wednesday's meeting . In relation to potential disposals, "we have various options aimed at optimizing/de-risking our portfolio which will be assessed in line with the evolution of the scenario".
Maire Tecnimont +1,5% announced this morning that it has received a $550 million order to build a chemical plant in Egypt. Since the beginning of the year, new orders have risen to around 1,7 billion euro.
The banks were positive also thanks to the lower pressure on bonds. salt Ubi +0,5%. The part of the bank's 'core' shareholders who have not yet expressed their opinion on Intesa Sanpaolo's public offer. The Lucchini family, which holds a total of about 0,65% of Ubi, has left the syndicate agreement for Brescia shareholders. Giuseppe Lucchini says that Intesa's offer is an excellent starting point and should be discussed between shareholders.
Corre Bpm bank + 1,1%. Intesa Sanpaolo in parity. The US fund BlackRock remains the second largest shareholder with 5,009%.
Avanza Mediobanca +1,23%. Vincent Bollorè reduced his stake to 5,7% last January. However, the French financier said that at these prices he is not a seller.
To report Fineco +3,1%. The quarterly data released this morning beat analysts' expectations. Pharmaceuticals also rose, with Recordati and Diasorin continuing their advance.
Among industrialists under parity Fiat Chrysler -0,17%. The Melfi plant will restart on May 21, according to trade union organisations. Turn red Cnh Industrial -1% on expectations of an increase in purchases of agricultural products by China.
Leonardo -0,5%.
It should be noted the postponement of the accounts of Ovs +4,18% as at 31 January last. The clothing company has announced that it has constructive talks underway to be able to take advantage of credit lines guaranteed by Sace. The group, which will not distribute a dividend, has moved the board meeting to May 26th. First quarter results will be released on July 9.
