Business Square slightly increases yesterday's earnings and, with the good economic prospects for November, estimated by Istat, stands out on the European lists, closing up 0,24%, 22.416 points.
The session becomes livelier in the afternoon, after the opening of Wall Street, with the rebound of Nasdaq and technology stocks, even if Dow Jones and S&P 500, are instead more uncertain. According to some analysts, interviewed by the Wall Street Journal, listed companies globally are at record levels in terms of profits, which supports, and will continue to support, the stock market.
EUROPEAN EXCHANGES
The others are colder continental squares: London, -0,16%. In the Eurozone: Madrid +0,03%, Frankfurt -0,08%, Paris -0,26%, despite the composite PMI reaching its highest level since April 2011. Germany, on the other hand, lags behind services index at three-month low, due to political deadlock.
SECONDARY
Positive session for the Italian paper on the secondary: the 1,71-year yield falls to 0,2%, while the spread with the German counterpart contracts by 138.60%, to XNUMX basis points.
CURRENCIES AND OIL
The single currency continues its slow reverse against the dollar and falls to the 1,181 area. Gold is down, losing about one percentage point and returning to the 1263 dollar an ounce area. Fractional recovery for oil, with Brent at 62,63 dollars a barrel (+0,29%).
MEDIASET PROTAGONIST AT PIAZZA AFFARI
Queen of the Ftse Mib is Moncler, +2,65%, thanks to Deutsche Bank's buy recommendation and the increase in the target price. The promotion also supports Tod's +1,69%.
In cash mediaset, +2,46%, supported by press rumors on the fact that the board of Telecom (+0,5%), meeting today, would have discussed the purchase of content from the Biscione (and the spin-off of the network).
Raise your head stm. +1,57%. Well Cnh +1,92% and Recordati + 2,22%.
To the south of the list are the bankers. The worst is Bpm bank, -2,35%. Bucking General Bank, +1%, at the end of the capital increase. According to Radiocor, Malacalza Investimenti, ready to rise to 28% of the bank, will not be able to exert an influence on the bank's operational management that can be configured as management and coordination activities. This would be the request from the ECB and the Bank of Italy to the holding company which already controls 17,6% of the Ligurian bank.
In decline Brembo -1,38%. Oil-related stocks such as Saipem -1,04% and Tenaris -1,1%. It doesn't convince Prysmian, -1,32%, which falls for the second day in a row, after the announcement of the purchase of US General Cable and the news that shopping will continue.
Out of the main basket Phidias it marks +30,35% (it is suspended in the middle of the session due to an excessive rise) following three important orders received from Volkswagen.
Always on the shields Roma, + 7,4%.
