A Christmas atmosphere is already hovering over the financial markets and there is still an air of calm: after yesterday's insignificant session, Piazza Affari remains little more than flat today too, confirming itself firmly above 23.500 basis points. Nexi snaps after the strategic agreement announced by Intesa Sanpaolo which enters the capital of the payment company with 9,9%. Another top mid-day stock is Moncler +1%, in the wake of rumors according to which the made in Italy duvet brand (which also drags Ferragamo upwards +0,9%) is about to end up in the hands of the luxury giant Kering.
For the rest eyes still focused on the titles of the Agnelli galaxy, the day after the officialization of the maxi FCA-PSA operation: today Exor takes a breather after the exploits of the previous session and travels around parity. Instead, Fca +0,5% is better. Peugeot also continues to rise in Paris, +0,3%. However, the French Stock Exchange is also sluggish, as are the others, all around parity. Instead, Frankfurt goes in the red, which is the worst as well as yesterday.
In Milan stands out the Leonardo's performance +1%, after the group led by Alessandro Profumo closed an important agreement with the unions on the supplementary contract, which increases the performance bonus for employees. Energies also do well, with Snam and Italgas among the best. Still wary, but profit-oriented, the banks: Unicredit +0,2%, Intesa Sanpaolo flat, Ubi Banca +0,6% after the announcement of the repayment of another billion euros of Tltro2, Banco Bpm +0,3%.
Stronger red for Cattolica Insurance -1,5%, which is not experiencing a serene period after the revocation of the powers of the former CEO Alberto Minali, which took place a month and a half ago but which continues to have after-effects, including of a judicial nature: yesterday the supervisory authorities Ivass and Consob have ordered the acquisition of company documentation at the headquarters of the Verona company, to verify the correctness of the procedures.
Gives some concern it Btp Bund spread, which suddenly rises above 160 basis points, perhaps due to new doubts about the stability of the Government, in the aftermath of theannouncement of the referendum for the reduction of parliamentarians, which seems to bring the elections closer within a few months, so as to go to the polls electing almost 1.000 parliamentarians, according to the old system which remains the most acceptable to most parties.
Il crazy goal di Cristiano Ronaldo in Genoa, which holds the leadership position for Juventus, has less influence on the mood of the shareholders than the substantial capital increase of 300 million euros that has just been launched: in today's session, sales on the black and white stock prevail, which travels in the red with a decrease by 0,3% to €1,27 per share.
Green dot for oil, which reverses yesterday's bearish trend: Brent above 66 dollars a barrel, Wti close to 61. The euro/sterling exchange rate is stable, always to keep an eye on in the weeks that are about to lead to a Brexit that could be hard: we are just below 0.85, around midday. Gold is also slightly down, which in the last few weeks of 2019 is partially denying the exploit of this summer, when it reached 1.530 dollars an ounce: it is now at 1.474.
