European stocks lose ground after a record session. The pretext to take a breather was offered by the collapse of Unilever -6%, with a strong impact on the consumer goods sector. The Anglo-Dutch giant suffered the worst percentage drop since July 2015, thanks to the slowdown in Asia and Africa. The attitude of Boris Johnson contributes to curbing the price lists of Euroland who, strengthened by his electoral victory, veers towards a hard Brexit. Almost all the price lists lose hits: Paris -0,40%, Frankfurt -0,80%, Madrid- 0,69%. In negative ground too London -0,14%. The euro-pound exchange rate quickly exceeds 0,84, the pound loses 1,2% waiting for Boris Johnson's new moves. It's the worst session in five months.
But there is one exception: Piazza Affari rises by 0,4% while the Btp/Bund spread remains stable at around 157 basis points.
On the Milanese price list Atlantia stands out with an increase of 2,2% to 21,9 euros with the Benetton family ready to sell up to 49% of the subsidiary Aeroporti di Roma, although the process has not started and a sale is not imminent, according to some sources close to the situation. There is talk of a valuation of 5 billion: Equita's estimate is 4,6 billion. moreover, the Government would be more inclined to start a discussion table with the company, rather than revoke the concession.
For now, the market's reaction to the news that the PSA board has concluded the meeting dedicated to the agreement with Fiat Chrysler is modest +0,33%.
Highlighted some utilities: such as Snam + 0,88%, Terna +1,18%. The oil companies are no less: Eni +1,4%, Snam +1,1%. Brent oil was up 0,3% to $65,55 a barrel, a three-month high.
