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Bags in great dust: Piazza Affari first class

A highly volatile stock market week ends on a crescendo across Europe – The Milan Stock Exchange (+1,3%) best of all – The stocks of the Agnelli stable (Cnh, Ferrari, FCA and Exor) Pirelli, Mediaset and Luxottica shine in Piazza Affari – Creval collapses again (-12,6%)

Bags in great dust: Piazza Affari first class

Closing of the week in green for the European price lists, with Business Square who once again conquers the podium and reaches 22.797 points, + 1,34 %. Almost all blue chips go up. Shine there Agnelli galaxy. Well Eni, + 0,95%back to use. On the rise Mediaset +2,27% and Telecom +1,16%, while Vivendi (-6,04%) touches the bottom of the basket in the Cac 40 in Paris. Profit taking only sends you into the red Unipol -0,62% and Brembo -0,33%.

Wall Street opens uncertainly and then takes the upward path, giving a further boost to the price lists of the Old Continent. Holds Coca Cola, despite negative accounts, but higher than the consensus. The indications on the macro front are positive: new building sites, building permits and import prices are higher than expected in January. After the turmoil, triggered by fears of an inflationary flame, investors seem to be regaining confidence on both sides of the Atlantic. New York stocks could archive their best eighth for a year now, before the long weekend (the markets are closed on Monday for President's Day), while London stops up 0,83%; Frankfurt +0,87%; Paris +1,19%; Madrid + 1,1%.

Il dollar recover part of the lost ground. For one euro it takes 1,24 dollars and some change. Oil on the rise Brent 64,89 dollars per barrel (+0,87); stable their around 1354 dollars an ounce.

The Italian card is well bought, despite the many electoral uncertainties. The yield of BTP 10 years it drops to 1,99% and lo spread with the Bund at 128.20 points, -0,39%.

In Piazza Affari, the stocks with the highest capitalization that record the best performance are Cnh +3,84%, also thanks to the positive outlook of US rival Deere; pirelli, +2,76%, driven by the results of Bridgestone in Tokyo; Luxottica +2,24%. They shine Fiat +2% (with speculation on the impending spin-off and IPO of Magneti Marelli) e Ferrari, +1,94%. The latter is to a breath from its all-time high and is worth 105 euros per share.

Well tuned the banks, with the exception of Creval, -12,61%, which does not find the bottom. The announcement of the terms of the maxi capital increase of 700 million, which will start next Monday, continues to penalize the stock. The new shares (almost 7 billion) will be issued at a subscription price of 0,1 euro and offered as an option to shareholders in the ratio of 631 for each share held. The subscription price, at yesterday's values ​​at the end of trading, represented a discount of around 12%, compared to the Terp, the theoretical price net of the detachment of the right.

RCS salt +6,05%.

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