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Stock market: the stop to the anti-Covid vaccine does not stop the rebound in price lists

Positive price lists awaiting the ECB and the launch of Wall Street – TLC and utilities are doing well in Milan, industrialists are in the red. Mediaset falls and then recovers – The Treasury places 7 billion BOTs, oil is on the rise

Stock market: the stop to the anti-Covid vaccine does not stop the rebound in price lists

Mini rebound for the European stock exchanges which are trying to recover the losses of yesterday, September 8, pending the meeting of the ECB on Thursday and the start – positive according to futures – of Wall Street.

The price lists have decided to ignore the setback of the anti Covid-19 vaccine developed by Astrazeneca together with the University of Oxford. The pharmaceutical company has decided to suspend the tests, which have arrived at an advanced stage, after the adverse reaction manifested by a participant during the study.

In the middle of the day, the best piazza is Frankfurt, up nearly 1%. They follow Paris (+0,74) and Madrid (+0,3%). Outside the EU it travels sustained London (+0,9%), which continues to exploit the weakness of GBP due to fears of a possible no deal. 

Milano, after yesterday's heavy close (-1,81%), gains 0,54% to 19.484, pushed up by purchases on Inwit (+ 4,91%) and Diasorin (+3,4%). Utilities are positive, with Snam ed Enel earning 2,33% and 1,93% respectively, fine Telecom Italy (+ 1,5%)

At the end of the list the industrialists: Leonardo -2,39% Cnh -1,3%). Weak banks: the worst is Bpm bank (-1,25%); discount too Unicredit (-0,47%). 

Out of the main price list, after a strongly negative start, it turns positive (+0,8%) Mediaset, which has published half-yearly accounts characterized by a loss of 18,9 million euro and by revenue down 21%. The half-year weighs on Tod’s, down 6,4%. He smiles instead Asthma (+7,6%) after Ardian bought 1,6% of the shares at 21 euros per share, at a premium compared to current prices. 

Turning to bonds, the Treasury today issued 7 billion 12-month bonds, with a yield of -0,225%. The market response was good: demand reached 12,9 billion euros, with a supply-demand ratio of 1,84. The spread on the 149-year contract it drops to 2,85 basis points (-XNUMX%). 

Try to raise your head Petroleum, after yesterday it closed below 40 dollars a barrel, at its lowest in three months: Brent rose by 1,26% to 40,28 dollars.

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