After the last positive sessions, the European stock exchanges travel in the red in the middle of the day also in the wake of the downward trend of the Asian lists, which have interrupted a series of 8 consecutive increases. Business Square down 0,6%, in line with Frankfurt e Paris (-0,5%). The red of London (-0,2%).
The best stock of the Ftse Mib is stm (+3%). According to rumors, the board of the Italian-French company is looking for a manager to replace Carlo Bozotti, CEO of the company, even before his natural expiry, scheduled for May 2017. Marco Patuano, former number one of Telecom Italy.
Bank stocks travel today in no particular order. bpm (+ 0,4%) and Banco Popolare (+2,2%) go up against the trend. Shares continue to be buoyed by news that Moody's has placed the two banks on watch for a possible upward review of its rating following the announcement of the merger plan. In addition, yesterday Giuseppe Castagna, number one of Bpm, announced that the industrial plan of Bpm-Banco Popolare "will be ready between the first and second week of May", that is, "as soon as the due diligence has been completed". According to Il Messaggero, the two institutions could join the Atlante Fund by paying 50 million euros each.
Just the Atlas effect makes it go up again Ps (+0,9%), which should be one of the major beneficiaries of the new fund. Specular trend for the two big names: Unicredit +0,7% (the CEO Federico Ghizzoni confirmed that the investment in Atlante will not exceed one billion euro) and Intesa -0,7%.
The Fiat galaxy is well tuned. fca it does better than the Ftse Mib and travels around parity, on the day of the new ones positive data on registrations. Good upside for Ferrari (+1,5%), while Cnh Industrial it turned negative (-0,35%) after a start marked by purchases following the words of the president Sergio Marchionne about new business opportunities.
Positive session also for Finmeccanica (+1,4%), while at the bottom of the main list they travel Saipem (-2,14%), Campari (-1,91%), Buzzi Unicem (-1,55%), Banca Mediolanum (-1,53%) And A2A (-1,49%).
Meanwhile, it BTP-Bund spread travels slightly up to 120 basis points. As for the Petroleum, Brent marks 43,2 dollars a barrel while Wti falls to 41,9. On the currency front, theeuro it recovered slightly, to 1.127 on the dollar.
