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Stock exchange: Tim, Poste and Fineco run, Juve and FCA suffer

Piazza Affari (+0,15%) weak like many other stock lists - Fineco, Recordati, Telecom Italia and Poste the brightest stocks - Benefits taken on Juventus, FCA, Unicredit and Mediobanca

Stock exchange: Tim, Poste and Fineco run, Juve and FCA suffer

Final shot for Business Square, which ended an uncertain and weak session slightly higher for the main stock markets in the euro area. A week full of quarterly results therefore opens with cautious optimism, especially from banks: the Ftse Mib gains 0,15%, reaching 19.605 points. Bonds also raise their head, after Friday's losses: the yield of the 10-year BTP falls to 2,75% and the spread with the Bund falling back by 1,34% to 256.80 points. A benevolent trend, despite the constant arrival of new signs of a cooling of the economy from the macro front. According to Istat, Italian inflation slowed down again in January: +0,9% from +1,1% in December. This is the lowest value since April 2018.

Fractional decline a Paris, -0,38%, which stops at the psychological threshold of 5 thousand points; Madrid -0,49%; flat Frankfurt -0,04%. Outside the eurozone, the good intonation of London +0,2%, where though Ryanair it lost 2,3% following losses in the third quarter and after the announcement of a reorganization with the creation of four airlines. 

Volatility is also at home in Wall Street which, after a contested opening, is now in green. Technologists are doing well, which offset energy sales. Alphabet (Google) up by more than one percentage point, pending presentation of its accounts after markets are closed. Fly Maxwell Technologies, +50%, a company that develops, manufactures and markets solutions for the storage and distribution of electricity that will be purchased by Tesla (-1,8%). Apple Lossless Audio CODEC (ALAC),, +1,5%, according to JP Morgan could use the cash on hand (almost 250 billion dollars) to buy Netflix (+1%) and strengthen in the video sector. 

The uncertainty of raw materials contributes to the interlocutory atmosphere of the session. Back the Petroleum, Brent type: -0,67%, 62,3 dollars a barrel. Gold is hovering around $1315 an ounce.

THEeuro it weakens against the dollar, with the exchange rate around 1,143.

The main price list of Piazza Affari is supported by Finecobank, +3,44%, which awaits tomorrow's calendar results with optimism. Well Recordati, +2,33%; Telecom, +1,9%, applauds theopening of Cdp to the creation of a single network, while a meeting with Open Fiber is awaited, confirmed by the president of the telephone company Fulvio Conti.

Post, +2,34%, closes an excellent session in the wake of the news of the launch of a treasury share purchase programme. Buzzi + 1,75%.

The most substantial reductions start from Juventus, -3,29%. fca, -1,66%, in line with the weakness of the sector at European level and also as a consequence of the data on registrations in Italy which recorded a drop of 21,6%, against a market which as a whole decreased by 7,6 .XNUMX%. It weakens as a result Exor -0,71%.

Bad among the bankers Unicredit -1,24%. Today a Bloomberg study indicates that European banks are at risk due to Italian debt, largely owned by credit institutions, starting with those of the Belpaese. French and German banks are also particularly exposed. For Bloomberg, the situation is made more risky by the government in office, even if the destinies of government and banks could be linked: "A government crisis could drag down the banking system, or a banking crisis could suck in" the executive.

Prysmian -0,98%.

Out of the main list Astaldi gains 6,57%, on the day in which the time expires for submitting proposals for binding offers to save the group, including those of Salini Impregilo (+0,57%) and the Japanese of Ihi.

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