Flat stock exchanges (or almost flat) in anticipation of Election day from which the name of the new president of the United States will emerge. Polls give Hillary Clinton a moderate lead. The results of the vote will be known early tomorrow morning (perhaps as early as 4am), probably before the opening of the European stock exchanges.
The sharpest decline is from Piazza Affari, where the Ftse Mib index loses 0,4% around 16.600 points, preceded only by Madrid -0,5%. Paris loses 0,08%, Frankfurt -0,2%. London, on the other hand, was positive +0,12%.
The euro/dollar exchange rate is stable at 1,106. Brent oil is traded at 46,3 dollars a barrel (+0,4%).
Government bonds also moved little. German Bund up 0,16%, 10-year BTP 1,70%.
In Piazza Affari it soars Azimuth +6,6%. This morning Mediobanca writes in a report that in two days' time, on the occasion of the presentation of the quarterly data, Azimut could announce a "robust buyback". The company will distribute 1 euro per share of residual dividend with coupon detachment on November 21st and payment on the 23rd.
It also stands out among asset management companies Banca Mediolanum + 2%.
Montepaschi it rallied more than 6% after jumping more than 20% yesterday. The stock is supported by press reports according to which Qatar will be willing to put 1,5 billion on the plate for the recapitalization of the bank by the end of the month.
Among the banks, Unicredit -1,71%. "I expect Pzu to issue a statement next week regarding the due diligence process and further steps regarding the Pekao asset offer," the Polish insurance company's vice president said of the buyout of the institute's subsidiary. controlled by the Italian bank.
Understanding -0,7%. Popular Bank -0,8%. bpm -1,45%.
Campari salt by 3%. The stock accelerated after the release of data for the quarter. Revenues rose 13% to 436 million euros, 20 million more than consensus expectations. Organic growth was 6,1%.
On the second trading day, Italgas loses 0,7%: Mediobanca and Rbc have started hedging with Outperform and target recommendations at €4,35 and €4,50 respectively. Exane's opinion is Neutral, target price at 4,30 euros.
Snam +0,3%: brokers adjust their target prices after the Italgas spin-off. Credit Suisse lowers the target to 4,0 euros from 4,7 euros (confirms the Neutral rating). Rbc cuts to 4,5 euros from 5,5 euros and confirms Outperform.
The Stoxx index of European automotive companies loses 0,8%.
On the rise Brembo +1,81% after yesterday's results. Ferrari is down by 0,5%, in the morning the share reached an all-time high. Down Cnh Industrial -1%. Fiat Chrysler -2%.
Two promotions among the blue chips. Leonardo +1%: Ubs confirms the Buy judgment, while lowering the target price to 13 euros from 13,6 euros. Telecom Italy +0,2%: Bank of America has included it in the list of preferred stocks in Europe.
On the rise Moncler +1,5%: the quarterly is expected tonight after the market is closed.
