The excellent performance of Wall Street and the run of the Asian markets put the European Stock Exchanges in a good mood, which start up, also galvanized by the good news arriving on the Johnson & Johnson single-dose vaccine which should receive the green light from the American FDA by the weekend. According to tests, the vaccine would have an overall efficacy rate of 72%, rising to 86% against severe forms of the Covid-19 disease. A novelty arrived on the eve of the EU Council, scheduled for Thursday and Friday, which will have as its main theme the new European project for the vaccination campaign.
However, the good mood gave way to prudence at the end of the morning. In this context Madrid 0,66% salt, Paris (+ 0,11%) and Amsterdam (+0,4%) float. More shy Frankfurt (- 0,2%) where Bayer it dropped 3,4%.
Flat Milano (+0,07% to 23.113 points) on a day characterized by the diametrically opposed performances of oil companies. It goes into orbit Tenaris, up 13% to 8,692 euros after the accounts. The company closed the last three months of 2020 with profits and revenues down, but above estimates, while in the full year the red was lower than forecasts and revenues fell by 29% (less than expected). The board has proposed an annual dividend totaling approximately $248 million, which includes the $83 million advance paid in November. If it is approved, the coupon will be 0,14 dollars per share, approximately 165 million.
Above parity (+0,6%) too Eni, it sinks instead Saipem (-8,56%) after reporting a net loss of more than €1,1 billion in 2020. The oil industry services group announced it was unable to provide timely guidance due to uncertainties of the current scenario.
Banks on the rise, with Unicredit e Understanding earning 1,62% and 1,37% respectively.
Brilliant all stocks in the semiconductor sector: stm (+ 1,04%), Infineon (+ 1,55%), Asml (+ 2,4%).
Shop on stellantis (+1,31%), while Atlantia travels down by 0,8%. Tomorrow the board of directors of the company will meet to decide on the binding offer presented by Cassa Depositi e Prestiti, together with the Blackstone and Macquarie funds. The offer concerns the 88,06% of Autostrade per l'Italia held by the Benetton family holding company. The purchase could reach 100% of the shares "in the event of exercise of the co-sale right by the minority shareholders of ASPI".
In defense he starts well, but then slows down Leonardo (-0,05%) pending the board of directors which should launch the listing project in the spring for the subsidiary Drs.
Benefits taken up Tim (-1,9%) after rallying on Wednesday, the day the company filed accounts, strategic plan and new board. Also in red Inwit (-1,05%) And Prysmian (-1%).
On the currency market the euro it rises to the 1,22 dollar area for the first time in 6 weeks, while on the bond market it is spread it stood at 99 basis points (-0,25%). Keep going up the price Petroleum, with Brent at $67,5 a barrel and WTI at $63,6 a barrel.
Updated at 13pm on Thursday 46 February 25
