The European Stock Exchanges are recovering after a very negative trading opening. This is also the case in Milan: Business Square, after the opening at -1,8% which had been affected by the lack of agreement between the oil-producing countries in Doha, in the middle of the day it readjusted and travels around +0,1%. The Milan Stock Exchange is the best among the European lists, followed by London (-0,12%), Frankfurt (-0,25%) And Paris (-0,30%).
The relative improvement in the quotations of the weighs on the rise in the price lists Petroleum, which had sunk after yesterday. The lack of agreement between the producers meeting in Doha had pushed the quotations of Wti to -6,8% and those of Brent to -7%, before recovering respectively to -3,21% and -2,71%.
Among the stocks linked to oil, suffering Eni (-1,70%), while Saipem, after a negative opening, it is reported as the highest rise of the list, at +3,59%. Growing too Finmeccanica (+ 2,58), Unipol (+ 2,12%), Soul Holding (+2,12) and Banca Monte Paschi Siena (+ 1,50%).
The black jersey of the Italian list belongs instead to Unicredit (-3,14%), which today signed an agreement with Quaestio Management (Altante fund) to guarantee the capital increase of Popolare di Vicenza. In terms of the Atlante fund, the participation of Banca Popolare di Sondrio should also be noted, which has expressed its formal commitment to subscribe to units of the investment fund for a maximum amount of 50 million euro.
Among other banks, Carige + 4,8% Bper + 0,7% bpm + 1,3% Banco Popolare +0,08%. Heavy Finecobank (-1,63%) And Prysmian (-1,18%) affected by the detachment of the coupons, e stmicroelectronics (-1,6%), after the leap forward recorded on Friday. In the rest of the list, to be reported Telecom Italy (+ 0,78%), Mediaset (+0,26%) and fca (+ 0,4%).
Generally negative closure for Asian bagsand, which were affected by various factors, starting from the earthquake in Japan, in the prefecture of Kumamoto (where the production plants of Toyota, Sony, Bridgestone and Panasonic are located), up to the fall in oil prices, passing through the record slowdown of Chinese GDP, +1,1% in the first quarter.
In the first day of trading after the earthquake, Tokyo closed down by 3,40%. Shanghai closed down 1,4%, as did Hong Kong. Sydney and Taiwan also fell, both at -0,4%.
Very negative too Moscow, which after even touching -4% at the start, retraces to -2,66%. The fears linked to the failed Doha agreement to freeze oil production quotas at January levels also weigh heavily on the prices of the Russian stock exchange.
Fears that were partially dampened by the statements of the Russian Energy Minister Aleksander Novak, who assured that the quantity of oil produced will not change: "I believe that for Russia this will not have any consequences, because our companies have continued to operate in the market with high competitive capacity. We believe that the market situation will move towards a balance between supply and demand”. According to Novak, however, the freeze agreement will be signed soon.
