The European stock exchanges accelerate upwards after a nervous and uncertain start: the Ftse Mib, which had opened trading down by 0,66%, rose around 11:30 by 3% after a break at 2%, the Dax by 1,89, 1,15%, the Cac of 100% and the Ftse 1,14 of XNUMX%.
After the umpteenth speculative attacks and the rumors about the solidity of French banks that triggered panic on the stock markets yesterday in the early afternoon (then the Stock Exchanges reacted by closing up thanks to Wall Street), the European supervisory authorities moved and this morning to ban the short selling of securities in an action coordinated by ESMA, the European Market Supervisory Authority. Yesterday evening France and Spain have already taken action, today the ban has also been taken on by Belgium and Italy.
Consob took the field this morning tightening an emergency cordon around financial stocks prohibiting short selling out of 29 companies: Azimut Holding, Banca Carige, Banca Finnat, Banca Generali, Banca Ifis, Banca Intermobiliare, Mps, Banca Popolare Emilia Romagna, Banca Popolare Etruria e Lazio, Banca Popolare Milano, Banca Popolare Sondrio, Banca Profilo, Banco di Desio and Brianza, Banco di Sardegna, Banco Popolare, Cattolica Assicurazioni, Credito Artigiano, Credito Emiliano, Credito Valtellinese, Fondiaria-Sai, Generali, Intesa Sanpaolo, Mediobanca, Mediolanum, Milano Assicurazioni, Ubi Banca, Unicredit, Unipol and Vittoria Assicurazioni. The measures will be valid for the next 15 days.
Fonsai (+7,6%), Bpm (+6,75%), Mediobanca (+5,75%), Azimut (5,65%) and Fiat industrial (4,08%) shine in Milan
