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Stock market up but Banca Ifis and Cerved collapse: Boeing ko in the US

Thanks to the good performances of Unicredit, Fineco, Tenaris and Saipem, the Milan Stock Exchange is among the best in Europe but today's session is dominated by the big cracks of Banca Ifis which loses 11,6% due to the hunt for CEO Bossi and of Cerved, which leaves the field 12,19% after the renunciation of the takeover bid by the Advent fund which considered the purchase price too high – On Wall Street, the rise of Apple compensates for the collapse of Boeing

Stock market up but Banca Ifis and Cerved collapse: Boeing ko in the US

Markets recovering at the start of the week, after a negative eighth. Business Square closed up by 0,75%, 29.638 points, thanks to the awakening of the banks, driven by the probable marriage between Commerzbank and Deutsche Bank a Frankfurt, +0,75%. Well Paris +0,66% and Madrid +0,47%. Outside the eurozone London is up +0,37%, in a field week for the Brexit starting from tomorrow's vote. European stock markets benefited in the afternoon from the lively performance of Wall Street, which rebounds thanks to technology stocks. (Apple Lossless Audio CODEC (ALAC), +3,3%). Buying also prevailed on the Dow Jones, after a declining start due to the collapse of Boeing (-7,2%). The aerospace giant travels in fact in deep red, after the accident to the brand new 737 Max of Ethiopian Airlines, costing the lives of 157 people. Ethiopia and China have decided to block all Boeings of this same model pending investigations.

dish theeuro dollar in area 1,122. Petroleum up, with Brent at 66,59 dollars a barrel (+1,29%). Slightly decreasinggold, in the area of ​​1292,53 dollars an ounce.

After last week's rally, following the decisions of the ECB, the Italian bond closed a negative session. The 2,57-year yield rises to XNUMX%, while the spread with the Bund it widens to 250.10 basis points (+2,58%). Economic worries for the euro zone are accentuating, with data on German industrial production in January, which fell by 0,8% compared to the previous month.

In Piazza Affari, oil stocks shine with Tenaris +3,38% and Saipem +2,25%. Financials are particularly appreciated Unicredit +2,56% and Finecobank + 2,32%.

Sales hit Pirelli, -1,16%. In reverse the utilities: Terna -0,84%; Italgas -0,77%. Telecom was in a bad mood, -0,72%, with the shareholders Elliott and Vivendi at loggerheads, in view of the meeting of 29 March and with CDP rising to 8,7% of the capital.

Out of the main list the most surprising performance is that of Maps, +44,21%, a company that made its debut on the Aim market last Thursday, immediately kicking into gear. They collapse Iphis (-11,65%), after the failure to reconfirm the Chief Executive Officer, and Cerved (-12,19%), due to step back of Advent on the Opa.

Sale Mediaset, +0,75%, on the eve of the accounts with the market that is looking at the dividend (10 cents are estimated), while the sale of the former Premium digital terrestrial platform becomes more complicated.

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