Takes flight Business Square, by far the best price list in Europe today and for the whole week. To send into orbit Milano (+1,3%) around 27.800 points contribute to the positive indications coming from the Chinese data and the soft attitude of the governor of fed ,Raphael Bostic. But also the signals coming from listed companies and data on the services economy. Enthusiasm could be curbed in the afternoon the American ISM index on economic activity, as well as the echo of the statements of some “hawks” of the ECB.
But it is the umpteenth drop in energy prices that is giving the economy a boost, in addition to the data on GDP (+1,4% on an annual basis, contraction in the last quarter reduced to -0,1%). European gas trades 45,5 euros per MWh, on the lows for a year, -41% since the beginning of January.
Industria, Amplifon and Inwit are racing in Milan in rallies
The industrialists rush to Milan. Lead the race Amplifon (+6,73%), advances Prysmian +3,13% protagonist of a large wind farm connection order in the Netherlands, followed by Cnh +2,5%. Salt too stellantis +1,58% after the promotion of Rbc.
On the rise Inwit (+5,9%) The tower company is pushed up to the highest levels since 2020 by the increase in the dividend: +7,5% compared to a year ago. According to Equita, the stock "offers excellent protection from inflation combined with speculative appeal, given the presence in the shareholding of Ardian as well as Kkr and Gip, through Vantage Towers".
Fincantieri also did well +4,9% after the announcement of a contract worth 250 million euros with the Norwegian Edda Wind.
It bounces stm +2,7% after yesterday's crash due to the indications of the electric car giant Tesla which aims to reduce the use of silicon carbide for the production of its vehicles.
On the downside, the selling pressure continues on Brembo -3,1% after the overall positive results but which showed slightly lower margins than analysts' expectations. gains after recent strong gains.
Down too Ferragamo -0,7% later the results of 2022 and, in particular, the last quarter that they didn't like.
Towards the opening of Wall Street
One hour after the opening, the futures of are positive Wall Street S&P500 and Nasdaq up 0,3%.
The bond market recovered slightly. The Treasury Notes at ten years it trades at 4,0% from 4,07% yesterday. The 4,53-year BTP trades at 2,71%, the German Bund at XNUMX%.
Heavy decline of Bitcoin -4% to 22.356 dollars. It collapses silvergate: -57% on Wall Street.
