The attempt to recover the European stock exchanges crashes on US macro data. The index Manufacturing ism it fell more than expected to 49 points from 50,7, against forecasts by economists indicating a reading of 51 points. Construction costs in April were also below expectations, rising by 0,4% against an increase of 0,7% expected by experts. Europe closes in the red, on a day in which technological stocks stood out above all, while a Wall Street, after a positive start, the indices move mixed: the Dow Jones rises by 0,15%, the Nasdaq falls by 0,84%, the S&P 500 -0,4%. Milan loses 0,91% with the spread remaining above 260 basis points at 266, Paris -0,71%, Frankfurt -0,76% and London -0,88%, Madrid -0,44%.
The change euro dollar rises to 1,3084 (+0,65%) and the Petroleum Wti by 1,24% to 91,11 dollars a barrel. In the last meeting OPEC decided to leave the production ceilings unchanged.
At Piazza Affari Pirelli and Camfin almost the entire session was suspended (and the suspension will continue in the after hours) awaiting a press release. All eyes are on the signature of the lawyers of Tronchetti and the Malacalza family for the separation in Gpi, an essential step to unblock the impasse and proceed with the new assets of Camfin.
Heavy on the Ftse Mib il banking sector: Bpm -3,29%, Bper -2,68%. Ubi -1,84%, Unicredit -2,37%. Intesa -1,99%. Banco Popolare -0,8%. Mps +1,12% goes against the trend.
Down too Finmeccanica -2,75 and Ansaldo Sts -1,9% after the Minister of Economic Development Flavio Zanonato slowed down on sales: I am against the sale of Finmeccanica parts if the possibility of keeping them productively within the company has not first been verified of the country system. Especially companies that are jewels like Ansaldo Sts ”, he said in an interview with La Stampa.
Telecom Italy it yields 3,17% which pays for the market's wait for the long times in the announced network separation process. Under pressure Rcs ordinary -8,78% and Rcs resp -9,12% on the reverse split day, with a ratio of 3 to 20.
Recommended Fiat +3,27% after the 11% increase recorded in Chrysler sales in the US in May. Well too Exor +1,34% after the sale of the 15% stake in Sgs to the Belgian holding Gbl for 2 billion, with a consolidated capital gain of 1,5. Enel Green Power +2,59%, Prysmian +1,51%, Saipem +1,35%
