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Stock Exchange, Realizations on Banks. Astaldi shines

Flat European price lists in the middle of the day – Milan awaits the construction hub, industrial stocks recovering with FCA – Sale Falck Renew –

Stock Exchange, Realizations on Banks. Astaldi shines

The European price lists are missing out on a few hits. After having marked the new highs of the last 13 months at 22.330 points at the start, Piazza Affari is in equilibrium (+13%) at around 0,1 at 22.200 pm. Frankfurt and Madrid rose slightly, both +0,3%. Flat Paris, London +0,1%. Futures on Wall Street are also anticipating a start around parity after Friday's triple record. Analysts are expecting the first drop in corporate earnings since 2016, expected to fall 2,8% in the second quarter after -0,3% in the first.  

In May, Italian public debt decreased by 8,7 billion compared to April, settling at 2.364,7 billion. 

The ten-year BTP rally continues: the yield at 1,68%, spread 190 basis points, on the lowest level for 13 months. Canada's rating agency DBRS maintained Italy's credit rating at 'BBB (high)' on Friday evening, with a stable trend, citing progress by banks and the government's commitment to a tighter fiscal strategy.

In April, the value of the portfolio of Italian government bonds held by foreigners rose to 652 billion from 647 in March. The German bund trades at -0,21%.

The euro is flat at 1,127 against the dollar. WTI oil rallied 0,2% to $60,30 a barrel. The week closed with a gain of more than 4,5%. Saipem -1,28%. Eni -0,40%.

Among the happy notes the performance of Ferrari +0,47% which updated the historical record with a price of 149,90 euros. 

Flat title Juventus after the record start to the news of Matthjis De Ligt's arrival from Ajax after repelling Barcelona's latest assault. 

On positive ground Fiat Chrysler + 1,1%. 

Slows Leonardo (-0,1%) to 11,64 euros after hitting new highs since November 2011 at 11,84 euros. Same script for nexi -1% after the absolute record.

It is mainly the banks that are holding back the rise. Unicredit -0,57%. The Chairman Fabrizio Saccomanni confirmed that the creation of a subholding entirely controlled by Unicredit and under which to group all the foreign banks with respect to the Italian assets would be studied. 

Thump of Ps-3,7%. Ubi -1,58%.

Among the worst blue chips today there are also Ferragamo -1,2% and Fineco -1,37%.  

Salini -1,6%. Today the company should present the offer for the Court of Rome Astaldi (+ 4,5%).

Atlantia +0,5%. Together with other investors (Toto Group, the Lazio patron Claudio Lotito and the Colombian company Avianca) he presented expressions of interest in participating in the consortium, which already includes Railways, the Ministry of Finance and the US airline Delta for the rescue of Alitalia.

Outside the main price list they go further Falck Renew +2,3% and Piaggio + 1,5%. 

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