Piazza Affari recovers the crumbs in the last session of the week (+0,26% at 20.262 points), kept afloat by two stocks that yesterday did badly, for different reasons: the day after the Board of Directors, today the CEO of Tim Luigi Gubitosi presented to the press the new business plan, the stock was among the best in the Ftse Mib (+1,6%), as was Juventus, who rebounded (+2,1%) after losing more than 11% following the defeat in the Champions League. Some industrialists also did well, including Prysmian, which lost more than 9% yesterday and is today at the top of the Ftse Mib with almost +3%, and Italgas which scores +1,3% after the growing accounts and the sharp increase in the dividend. For the rest instead worries about the possible ax coming from Fitch on the Italian public debt: the rating agency, which currently assigns Italy a BBB with a negative outlook, will probably revise its rating downwards, in light of the recent negative data on the Italian economy and the maneuver which has not convinced either Europe or the markets. One of the hypotheses is that of cutting a notch with a stable outlook, as decided by Moody's in October.
The so-so moment of the banks continues, with Unicredit which yesterday was the worst in the sector and which today is only timidly recovering +0,2% Intesa Sanpaolo +0,1%, Banco Bpm -1%, Ubi Banca -0,26 .1,7%. The Carige stock is still suspended, but today the news arrived that Sga and Credito Fondiario Fonspa have formalized the offers for a portfolio of Carige's non-performing loans. According to rumors, there is talk of a portfolio worth 27 billion euros. The presentation of the new business plan is scheduled for Wednesday 2018 February. Returning to Tim, it was certainly not the 5 accounts that excited investors, closed with a loss and with revenues down by XNUMX%, but Gubitosi's new strategy in particular on the web. The CEO has shuffled the cards: on the one hand he deals with Open Fiber on the optical fiber, on the other he has suddenly closed the agreement with Vodafone to share the 5G infrastructure, with a project that also involves the Inwit towers.
The other European lists are also timidly in green, with increases of the same order of magnitude as Piazza Affari. The American Stock Exchange also opens positively. The Btp-Bund spread goes up a bit, which yesterday closed just below 270, and today marks 275. The euro appreciates imperceptibly against the dollar, with the exchange rate practically stable at 1.13398. Oil in chiaroscuro: Brent stable at 67 dollars a barrel, Wti quality is recovering at 57,3 dollars a barrel. Gold is back above 1.330 dollars an ounce.
