BUSINESS SQUARE IN DEEP RED. DOWN THE BANKS
UNIPOLSAI SUFFERS, ONLY MEDIASET ADVANCES
Closes sharply down Business Square in the wake of the clashes in Ukraine, the judicial investigations and the approaching vote.
The Ftse Mib index, the worst in Europe, leaves 1,09 on the ground at an altitude of 20372. The other European lists are close to parity. Paris +0,24%, Frankfurt +0,21%, Madrid -0,1%. Almost unchanged London -0.01%.
Lo spread rose to 188, with a 3,22-year yield of XNUMX%.
Wall Street moves just above parity. the American Leading Indicator for April was in line with expectations at +0,4% and home sales are also more or less than expected. The PMI index for industry turned out to be slightly better than the consensus.
In Europe the picture of an economy driven by the economy is confirmed locomotive GermanyMay's eurozone composite PMI, released this morning, came in at 53,9, in line with expectations.
Sul foreign exchange market the euro is weak against the dollar at 1,365, from 1,368 at yesterday's close.
Weigh in Piazza Affari the descent of Enel – 2,08% and Fiat -1,55% in addition to the negative performance of Unicredit and Intesa.
Ma the banks they are all down: MontePaschi -2,61%, Pop.Emilia -4,4%, Mediobanca -3,4%, Ubi -3,4%.
Special observation UnipolSai, down 3,8% after the news that the CEO Carlo Cimbri is being investigated for insider trading.
Also declining Generali -1,8%.
Bucking Mediaset, up 2,63% on Bank of America's promotion to Buy from Neutral. The title of the Alfa Romeo was today's best blue chip. During the session it went up to 3,516 euros.
This morning Bank of America – Merrill Lynch decided to raise the recommendation to Buy from Neutral. The target price went from 4 to 4,1 euros.
Finmeccanica loses 3,48%. More contained drops for Eni -0,3% and Telecom Italia -0,4%.
StM it closed down by 1,8. This morning HSBC decided to cut the recommendation to Underweight from Neutral, however raising the target price to 6 euros from the previous 5,8 euros.
Deflates A2A -2,5%.
Brunello Cucinelli's landslide was heavier -5,3%. at 17,99 euros, the lowest since June 26 last year.
Finally, on a positive note, Maire Tecnimont +4,1% and D'Amico +1,8%. RCS instead loses 3%
