Milan is on the rise at mid-day, supported by the banking risk stocks after Intesa Sanpaolo's attack on Banca MPSThe FTSE MIB rose more than 2%, updating its all-time high, reaching 51.240 points.
Unipol, which will take over the MPS brand and 635 branches of the Sienese bank, is at the top of the list with a rise of 5,73%, followed by the subsidiary Bper which is advancing by 4,5%. It runs Mediobanca (+ 3,5%), followed by Ps (+3,1%) which will examine the Ca'de Sass takeover bid, but also the proposal of Bpm bank (+2,9%) announced on Sunday. It also rises Intesa Sanpaolo (+2,6%), while Unicredit is following suit (+2,5%), with the market betting on its possible entry into the risk game. Tonica Generali, which gained 1,9% and rose above 40 euros per share for the first time.
Among the rising stocks also Poste Italiane (+3,9%), managed savings are galloping with Finecobank (+ 3,6%), Banca Mediolanum (+ 3,18%) and Azimuth (+ 2,94%).
Positive European stock exchanges
After a mixed start, other European stock markets have also started to rise, in the hope that the trend will continue. ceasefire in the Middle East, where the cross-fire between Israel and Iran in recent days has again stopped following the intervention of US President Donald Trump, who called for an immediate halt to the exchange of fire and promised an agreement with Iran within two or three days.
In this context, while the prices of the Petroleum they travel downwards (Brent at $92 a barrel) Madrid rises by 1,18%, closely followed by Paris and Amsterdam, both up 0,9%. Frankfurt marks +0,66% supported by industrial production which grew again in April. In contrast to the trend London (-0,26%).
Wall Street opens higher
Positive opening on Wall Street after yesterday's mixed session, dominated by the recovery of semiconductor stocks, following Friday's collapse. Dow Jones and S & P 500 both mark +0,7%, the nasdaq, which rises by 0,8%.
Artificial intelligence stocks in the spotlight: stocks of Micron Technology, The memory chip maker that led the market's latest bull run, rose nearly 10% yesterday and is gaining another 2,48% today. Shares of Nvidia and Broadcom which closed yesterday up 1,7% and 2,8% respectively, continue to rise
But also those taking centre stage are the upcoming IPOs. It will be launched on the stock market on Friday SpaceX. Secondo BloombergThe coordinating banks – a consortium of 23 institutions led by Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan – will close the collection of institutional orders on the evening of Wednesday, June 11, several hours earlier than expected, before starting trading on the Nasdaq on June 12 under the ticker Spcx. Meanwhile, OpenAi, a week after rival Anthropic, has filed the documents for the quotation.
The other markets
Travel in decline spread tbetween BTp and Bund, with the yield spread between the benchmark 10-year BTp and the German Bund of the same duration standing at 75 basis points from yesterday's 77 basis points. The yield on the benchmark 10-year BTp also fell to 3,80%, from the last reference point of 3,82%. On the currency market, the euro is at $1,1571. The bitcoin is falling in the 62.000 dollar area, while the gas price in Amsterdam is slightly down above 44 euros per MWh
(Last update: 15.47 on 9 June).
