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Stock exchange, maximum for 2 years: promotes Letta. Bankers fly, Finmeccanica superstar

Piazza Affari rises while Enrico Letta's success materializes in Montecitorio: it is now at its highest level for two years - The spread is decreasing, around 256 basis points - The Italian political show obscures the appointment with the ECB, which meets today in Paris – Employment data coming from the USA – Bank stocks are flying and Finmeccanica is the star

Stock exchange, maximum for 2 years: promotes Letta. Bankers fly, Finmeccanica superstar

MILAN AT THE HIGHEST FOR TWO YEARS PROMOTES LETTA
BANKS FLY. AND FINMECCANICA IS THE STAR

Salt, salt there Milan Stock Exchange while Enrico Letta's success materializes in Montecitorio. Piazza Affari + 1,86% is the highest for two years at 18.196.

Il BTP it is trading at a yield of 4,36% with a spread of 256, an improvement of 3,7 points.

Paris loses 0,6%, Frankfurt -0,5%, London -0,8%, positive Madrid +0,2.

Lo Italian political show obscures the appointment with the ECB, meeting exceptionally on Wednesday in Paris.

At 14 pm there will be the usual Mario Draghi press conference. The markets are not expecting big news from the press conference Mario Draghi which will follow the meeting, unless he wants to give some details on the timing and methods of a possible new Lter.

In America this afternoon the data on the trend of employment will be released in September in the private sector (Adp data): economists forecast that the number of employees has grown by 180 units. The freeze on US public spending will prevent the release of federal unemployment statistics.

In Piazza Affari the increase of Telecom Italy +0,86%, on the highs since the end of May.

It deflates Rest -0,96% after UBS cut its recommendation to "sell" from "neutral" this morning.

Yesterday Autogrill closed at 6,26 euros and World Duty Free at 7,9 euros. The sum of the two titles, equal to 14,16 euros, is clearly higher than the last price marked by Autogrill as a single group, ie 12,99 euros on Monday evening.

Leading the race are the bankers: Intesa +4,22%, Unicredit +2,45%, Monte Paschi +1,88%.

Generals +1,2%, Vincent Bollorè has resigned from the Board of Directors, where he held the role of vice president but is ready to rise to 8% in Mediobanca +3,36%.

It also bounces there People of Milan +2,34% after a negative start in the wake of press rumors according to which Consob has summoned the chairman of the supervisory board, Giuseppe Coppini, and the members of the internal control committee for next Tuesday. In the crosshairs of supervision is the governance of the group.

Fondiaria Sai + 1,19%.

Speed ​​up your run a Finmeccanica +6,95% and the subsidiary Ansaldo Sts -0,5%.

Enel reverse course and earn 1,09%, Eni -0,1%.

Fiat reverses course and gains 0,65%, StM +1,32%.

Prysmian +1,81%, signed a framework agreement with the Brazilian Petrobras for the design and supply of 'umbilicals' systems for offshore oil extraction for a total value of 260 million dollars.

In luxury Tod’s + 0,22% Luxottica -1%.

Yoox -1%, is the eighth consecutive fall after the news, a few days ago, that the main shareholder has halved the stake.

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