MEDIASET SUPERSTAR, TELECOM IN THE TRENCH
MILAN OK FOR AZIMUT AND PRYSMIAN
Milan, once tato, it keeps pace with the most solid Stock Exchanges.
At Piazza Affari the index FtseMib rises by 0,76%, ahead of London + 0,6%, Paris +0,5%, Frankfurt +0,2%. Only Madrid and Lisbon mark time.
On the market for government bonds however, the speculative pressure on Portugal eased with the 17-year spread down by 7 basis points and the yield around 10%. The yield of the 4,47-year BTP is down slightly to 290%, the spread with the Bund at XNUMX.
I Big of US credit they keep their promises: after the results Citigroup leaps forward by almost 3% before the opening for having announced earnings above expectations.
Virtually unchanged the Dow Jones (-0,03% at 15.460 points), lo S&P (-0,07% at 1.678 points) and the Nasdaq (-0,05% to 3.593 points) after mixed macroeconomic data: the Empire Manufacturing index was good, 9,46 points against expectations at 5 points, while retail sales were lower than estimates (+0,4% month in June against the +7% consensus).
Run to Milan Mediaset +8% after UBS raised the target price confirming the buy opinion.
In asset management it runs Azimuth +3,7% on the wave of interest in Anima (Bpm team).
The rally of Prysmian +2,5%, supported by the rise in the price of copper.
Telecom Italy +0,1% just a few hours before the extraordinary board of directors to discuss the Agcom proposal, announced on July 11, to reduce wholesale access fees to the copper network.
With regard to Italian banks, Unicredit unchanged, Intesa unchanged, Monte Paschi -0,8%, Mediobanca -0,3%. Pop.Milan -2,7%. The stock accentuated its decline after the press release in which the bank announced that Standard & Poor's had placed the institute's rating under observation for a possible downgrade.
Of note is the exploit of Credem +3,8%. Generali wakes up +1,6%, Fondiaria-Sai -1,2%. Cattolica stands out with a gain of 4,3%.
Among industrial stocks Fiat increases by 1%, Pirelli +0,9%, Ansaldo +1%.
Weak Enel -0,1% after the announcement of the electricity tariff reform in Spain, negative for the subsidiary Endesa , the leading energy producer in the Iberian country. Eni rises by 1%. StM+2,2%. GTech +1,5%:
