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Stock market up with oil and banks. Close on Fincantieri-Naval

A timidly positive morning for the European price lists – In Milan, eyes focused on Sias-Astm suspended pending communications – Tomorrow the signing of the JV between Fincantieri and Naval – Ferragamo down – Btp auction good –

Stock market up with oil and banks. Close on Fincantieri-Naval

The financial markets set tariffs and rates aside for the morning in favor of international politics. At dawn, it was the vibrant protests of Hong Kong demonstrators grappling with the fear of a squeeze by Beijing against the dissidents (72 injured) that conditioned the Asian stock exchanges. Shortly afterwards, the emergency was triggered in the Strait of Hormuz, the most delicate route for the economy: a tanker belonging to a Norwegian company was hit by a torpedo while it was in the waters of the United Arab Emirates, on the border with the 'Iran. The attack carried out by a surface unit has not been claimed, but Tehran claims its innocence. The visit of Japanese Prime Minister Shinzo Abe is currently underway in Iran, who wants to renew a dialogue with the USA.

After the attack, the prices of the Petroleum: Brent +4,5%, already up to 61,40 dollars a barrel in early trading.

At Piazza Affari Eni + 0,7%. Saipem + 1%. Tenaris + 1,6%.

 back to climb thegold up 0,3% to $1.337 an ounce.

On positive ground, the share price list: Milano advances about .0,7%, ahead of Frankfurt + 0,6% Madrid + 0,4% Paris + 0,2%. London + 0,3%.

The Treasury placed 6,5 billion euros of BTP on four lines, the maximum of the expected range, with falling rates. In particular, it placed 2,75 billion euro Btp 2022 at 1,05%, the minimum for a year, (previous yield of 1,29%), 1,5 billion Btp July 2026 at 1,96% (previous yield of 2,27%), also in this case it is the minimum for a year, 0,74 billion of the Btp in December 2026 at 1,88% and 1,5 billion of the Btp in 2035 at 2,87% ( previous yield 2,30%).

Fiat Chrysler +0,2%. The assembly of Renault confirmed Jean Dominique Sénard as president, a great supporter of the merger with FCA. Meanwhile, there is another clearing between Italy and France. Fincantieri +1%, should sign tomorrow the agreement regarding the birth of the joint venture with Naval.

Leonardo +1,64% celebrates the new on the stock market 300 million contract with the Ministry of Defence for the supply of 13 aircraft and the training system.

Enel +1,5%. JPMorgan has initiated hedging with Overweight.

Tim +0,87%. The Sole24Ore recalled this morning that Enel has the right to oppose a sale of its stake in Open Fiber, if it does not agree on the price.

Claudio Lotito, for now, overtakes Atlantia in the consortium for Alitalia. But the news on the motorway front is the merger of the two companies of the Gavio group: the councils of Astm and Sias have been convened for the afternoon.

Between banks Ubi +2%. In the managed Azimuth + 2,4% UnipolSai .

It still goes up nexi +1% on the eve of entry into the main basket.

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