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Borsa: Milan starts well, then turns red

The Btp-Bund spread did not move much, which still fluctuates around 275 basis points – The declines of Luxottica (-2,32%), Pirelli (-2,31%), Lottomatica ( -1,95%) – Banks thwarted, Mps rises – Euro down slightly against the dollar.

Borsa: Milan starts well, then turns red

One step forward, then immediately one step back. After a positive opening, the Milan Stock Exchange he played in the red and mid-morning leaves around half a percentage point on the field. It is the worst performance among those of the main European lists: in the same minutes Frankfurt gains 0,6%, while Paris and London travel around parity. 

On the bond side, on the other hand, little moved the BTP-Bund spread, which still fluctuates around 275 basis points. The yield on our ten-year government bonds is 3,90%. All while awaiting the Senate's vote of confidence in the new government of Enrico Letta, who will travel to Germany today to meet with Chancellor Angela Merkel.  

To weigh on the performance of the Ftse Mib are above all the decreases of Luxottica (-2,32%), Pirelli (-2,31%), Lottomatica (-1,95%), Enel (-1,67%) And Parmalat (-1,40). Instead, among the best titles are Tenaris (+ 1,2%), bpm (+ 0,69%), A2A (+ 0,5%), Fondiaria Sai (+ 0,44%) and Fiat Industrial (+ 0,39%).

Major bank stocks thwarted: Unicredit + 0,05% Intesa Sanpaolo -0,5% Montepaschi + 0,5% Ubi -0,13% and Banco Popolare + 0,09%. 

The price of thegold it is down on the Asian markets to 1.464,51 dollars an ounce, marking a decline of 0,8%. Euro slightly down against the dollar: at the opening of the main currency markets, the single European currency was traded at 1,3090 dollars, while yesterday the European Central Bank recorded it at 1,3113 dollars (euro/dollar exchange rate and currency converter) .

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