European stock markets rise with the Ftse Mib which reached 34.770 in the middle of the session +0.38%, new very long-term high. It is estimated that 34 billion euros in dividends they will be paid in the coming weeks by the companies listed on this list.
In the first four places, as regards the dividend yield, there are four banks: Banco Bpm, Intesa Sanpaolo, Pop di Sondrio and Bper.
Lo spread it is stable at 129 points. The yield on the ten-year bond is 3,64% (compared to 2,35 on the bund of the same duration).
De Felice (Intesa): “Growth will accelerate already in the second quarter, 3 rate cuts from the ECB in 2024”
“Today there are the conditions for having aacceleration of economic growth already in the second half of this year, thanks to the increase in the real disposable income of families and the acceleration of spending flows financed by the Pnrr", said Gregorio De Felice, chief economist of Intesa Sanpaolo. “We see signs of economic growth which we expect will improve.” In particular, according to Intesa Sanpaolo, a +0,7% of GDP in 2024 and +1,2% in 2025. “The fight against inflation has truly reached the last mile: there is little left until the start of the rate reduction phase,” continued De Felice, Intesa's chief economist. The expert expects a first cut by the ECB as early as June “and, to follow, two more, however end the year with -0,75“percentage points less” compared to the beginning of 2024. The declines will continue in 2025, with an arrival point at 2,5%. One and a half points of rate reduction."
Latest stock market news: Saipem and RaiWay are competing in Piazza Affari
Given the premises, the festive atmosphere is not surprising. Once again he is leading the charge Saipem +4,5% to 2,238 euros ahead of Amplifon (+ 3,32%), Bper (+ 2,62%) and Pop. Sondrio (+2,38%). Below Ivy (-1,57%), stellantis (-1,32%) And Recordati (-1%).
Worth mentioning in the rest of the price list RaiWay +4% after the presentation of the new plan.
The German economy is improving
It also comforts the improvement of German economic situation. German consumer sentiment is expected to remain on the path to slow recovery in April, helped by fewer households seeing the need to save, even as uncertainty over Germany's economic development persists. This is what emerges from a survey published jointly by the GfK institute and the Nuremberg Institute for Market Decisions (Nim). The index of consumer sentiment rose slightly in April, to -27,4 from -28,8. A five-point drop in the propensity to save, to 12,4, helped strengthen overall sentiment, consumer expert Rolf Buerkle said, even though the sub-index is still relatively high: in the same period last year, it was at to 1,3.
Waiting for Wall Street
US stock market settles after “the best week since the beginning of the year”. Nasdaq -0,3%. S&P500 -0,3%. Wall Street can thus focus on Boeing after the earthquake at the top. “The next CEO – writes the WSJ – will have a very tough task”.
