HISTORIC RECORD FOR S&P AT WALL STREET. GOLD SALTS. BUSINESS PLACE AHEAD IN SMALL STEPS. BETTER MADRID
The European stock exchanges, including Piazza Affari, have awakened with the departure of Wall Street. The Milan Stock Exchange closes just below parity: the Ftse Mib index marks a rise of 0,1%. The other European markets are also positive: London gains 0,11%, Paris +0,55%, Frankfurt +0,17%. More effervescent Madrid +1,01% after the promotion of the Spanish rating by Moody's.
Matteo Renzi's first time in the Senate did not arouse great emotions in the operators. On the eve of the month-end auctions, the 10-year BTP is trading at a yield of 3,61% with a spread of 193, unchanged compared to last Friday. A new 27-year BTP will be launched at the February 500 auction. Meanwhile, Wall Street has reached a new record: the S&P0,8 index rises by 1.851% to 0,8 points, a new all-time high. Dow Jones +0,95%, Nasdaq +16,18%. The M&A fever is pushing the Stock Exchanges: RF Micro Devices +21,88% has reached an agreement with TriQuint Semiconductor +1,6% for 16,18 billion and rises by 9%, while Men's Wearhouse has raised the cash offer for rival Jos.A.Bank Clothiers. Both stocks are close to +1.333%. Gold rose for the third day in a row and reached XNUMX dollars an ounce, a level it hadn't seen since the end of October.
In the final they eliminated the losses of Eni +0,1% % and Enel -1%. Telecom Italia falls by 0,8%. The two big banks accelerate in the finale: Intesa +1,3%, Unicredit +1%. Banco Popolare makes a leap, gaining +1,8%. Down: Banca Pop Milano -0,8%. Monte Paschi falls by 0,5%, Intesa is unchanged and Unicredit falls by 0,2%. Banco Popolare makes a leap, gaining +1,8%. Insurance companies are down: Generali -0,5%, UnipolSai -0,8%.
Ansaldo Sts +1,1% rise consolidates in the final, following the rumors about a letter of intent signed by Finmeccanica for the sale of the railway signaling company and Ansaldo Breda to China Cnr and Insigma. Fidentiis confirms the sell recommendation with a target price between 3,5 and 3,8 euros. Finmeccanica advances by 0,7%. In the industrial sector, Fiat fell by 0,9%, StM +0,4%, Pirelli -0,4%.
Ferragamo in great shape +2,3%: the managing director Michele Norsa said that 2014 will be better than 2013. Moncler's 2013 data will be announced in the evening. In the red Iren -3% after a report by Kepler Cheuvreux which reduced the recommendation to "reduce" from "hold" (but the target price rises from 0,9 to 1,1 euro) due to the lack of speculative appeal on the stock : according to the broker Iren it is no longer at the center of the utilities risk because A2A and Hera do not seem interested in the multiservices of Turin, Genoa, Reggio Emilia, Parma and Piacenza.
On the other hand, the reaction of Risanamento was positive +2% after the agreement between Davide Bizzi and the company on the sale of MilanoSesto. Thus the risk of a preventive seizure for over 200 million requested by Bizzi is eliminated and the road for the transfer of the Parisian assets to Chelsfield/The Olayan Group is simplified.
