Share

Stock market in the red (-1,89%), Mediobanca collapses (-9,4%) but Telecom Italia shines (+2,55%)

Sovereign risk, triggered by the Greek political crisis, is once again agitating the markets (Athens at -6%) and affecting spreads, banks and stock exchanges – Mediobanca sinks in Piazza Affari (-9,4%) and drags down even the big banks – Telecom Italia goes against the trend (+2,55%) due to technical coverings but also Exor and Gtech and Bper – European price lists are also bad

Stock market in the red (-1,89%), Mediobanca collapses (-9,4%) but Telecom Italia shines (+2,55%)

If the mood in the markets was decidedly gloomy after the words of Ben Bernanke, the renewed difficulties of Athens have given the weekend shoulder to the price lists. Fears of a new government crisis and rumors that the International Monetary Fund could suspend participation in the bailout from July, if European governments do not undertake to cover a new 3-4 billion euro hole, are sinking the Hellenic Stock Exchange to -6,11%. Milan loses 1,89% while the Btp-bund spread travels at 288 basis points. Frankfurt -1,76%, Paris -1,1%, London -0,7%, Madrid -1,56%. However, it should be remembered that today is the day of the three witches, the day on which many derivative contracts expire.

On Wall Street, the Dow Jones lost 0,36% and the Nasdaq about 1%.. The change euro dollar drops to 1,3121 (-0,75%) while Wti oil drops 1,35% to 93,86 dollars a barrel.

A Business Square heavy bankers led by the tumble of Mediobanca -9,42% on the day of presentation of the plan. Unicredit loses 4,05%, Understanding 3,72%. Bper +3,51% goes against the trend. Buzzi Unicem -4,57% and Atlantia -4,03% also fell. salt Telecom Italy +2,55% on technical coverings. Exor +2,23%, Gtech +1,94%, after the subsidiary Northstar New Jersey Lottery Group which signed a 15-year service contract with the New Jersey Lottery Autogrill +0,28%. RCS -6,63%.

comments