The European stock exchanges are slowing down today, in line with the reversal of Wall Street and the Asian stock exchanges. Tokyo, which started up, closed with a drop of 1,9% after the decisions of the Central Bank, judged (as had already happened to the ECB on 3 December) too mild: the Institute will allocate 300 billion yen to the purchase of ETFs on stocks of companies committed to increasing investments. In addition, the Bank's purchases were extended to 12-year securities.
The lists of the Old Continent thus settle down after three days of substantial increases. TO Milano the FtseMib index lost 0,8% with widespread declines among blue chips. The European stock exchanges continue with declines of less than half a percentage point. The Stock Exchange is weak but not too much Madrid (-0,43%) on the eve of Sunday's vote: the Ibex has lost 4,4% since the beginning of 2015.
Lo BTP-Bund spread travels stable at 103 points. The yield of the ten-year BTP is down to 1,61%. The spread between BTPs and Spanish BOnos rises to 31 points.
Il exchange euro Dollar recorded a slight strengthening of the US currency to 1,081 from 1,086.
Petroleum little moved with Brent up 0,4% to 37,2 dollars a barrel. In evidence in Piazza Affari some titles linked to international agreements.
Sale Saipem (+1,8%): the company announced today an agreement for the collaboration with the Norwegian Aker Solutions for the development of submarine projects all over the world. Through a joint working group, the two companies will identify possibilities to integrate technologies with the aim of reducing costs for both companies.
Eni -0,4% Tenaris + 1%.
After the agreement with Prysmian (-1,83%) for the construction of an energy cable, Oman forges other relationships with Italian companies. Maire Tecnimont (+6%) announced this morning that it had been awarded an 895 million euro contract by Oil Refineries and Petroleum Industries Co (Orpic), an Oman state Oil&Gas company. The contract involves the construction of the Liwa Plastics Project, a petrochemical plant.
The group gavio in the meantime, she goes shopping in Brazil. Astm (-2,14%) and the subsidiary Sias (-0,10%) signed an agreement with Almeida for the acquisition of co-control of Ecorodovias, a Brazilian motorway management company. The two companies of the Piedmontese group will subscribe to a capital increase of 529 million euros in a newco which will control 64% of Ecorodovias and of which Astm and Sias will hold 64,1% of the capital.
Snam (+0,37%) completed the acquisition of the 20% stake held by Statoil Holding in Trans Adriatic Pipeline AG (TAP), for 130 million euro.
Poste Italiane (+0,8%) to 7,155 euros, it continues to rise on the eve of its move to the main basket on Monday.
Widespread declines among blue chips. Pass into negative ground Telecom Italy (-1,53%). From Paris, Xavier Niel makes his voice heard, interviewed for "La Stampa" by Leonardo Martinelli: the company, he says, could become a consolidator in Europe. Niel defines himself as an industrial investor interested in intervening in the management, who does not act on behalf of anyone and therefore not even of Orange.
“I think – he adds – that Telecom has all the assets to become the consolidator or one of the consolidators of the European market but the shareholders must give it the means to do this. It is not certain that the best choice is to combine telecommunications operators with companies that supply content”.
Down too Fiat Chrysler (-1,01%). Finmeccanica -0,4% StM -0,7%.
Finally, the banks. Unicredit -0,7%: according to CEO Federico Ghizzoni, the Bank does not need a capital increase because it is able to generate enough to achieve the objectives of the three-year plan and has already made provisions equal to 12 cents per share for the possible distribution of the dividend on 2015.
Understanding -1,2% Mount Paschi -1%.
