Reduced exchanges, also due to the closure of the City. Few ideas, except for the suggestions unleashed by Mediobanca's "stew" hypothesis, although denied by Piazzetta Cuccia. In Milan, the FtseMib index rose by 0,89%, to 15.012, Frankfurt +1,1%, Paris +0,86%. The London Stock Exchange is closed today for public holidays. Markets are eagerly awaiting Ben Bernanke's speech in Jackson Hole on Friday 31 August.
The government bond market moved little: the BTP trades with an unchanged yield at 5,66% and a spread of 431 basis points, in line with Friday's closing. The euro is unchanged against the dollar at 1,251.
After a bullish morning, oil has reversed course and is falling by 1%, with WTI at 95,1 dollars a barrel and Brent at 112,6 dollars. It is the third consecutive session in decline. The trend was favored by the revelations of the New York Times: Saudi Arabia has neutralized the offensive by hackers (probably Iranian) who attacked 30 terminals of the kingdom's oil industry.
Oil stocks moved little in Piazza Affari: Eni rises by 0,2%, Saipem +0,5%, Tenaris + 0,5%.
Among the Milanese blue chips, the rise of: Mediobanca +4,53%. A rumor, however denied (but in these cases the denial is worth more than a confirmation ...): a shareholder of Piazzetta Cuccia would have asked to separate the advisory, consultancy and technical activities of the Institute from the banking ones, in order to increase the value of the stock on the Stock Exchange. The indiscretion is part of the climate of expectation of the BoD of 5 September in which the CEO Alberto Nagel will illustrate his position on the matter of the letter-agreement with Ligresti found by the magistrates.
Meanwhile, great maneuvers on Wall Street on the day after the ruling on the case Apple Lossless Audio CODEC (ALAC), (+2%) vs Samsung (-7,7%). The Stock Exchange (S&P +0,27%, Dow Jones +0,06% and Nasdaq at +0,39%) rewards the company founded by Steve Jobs. In the first trading session after the verdict, the stock immediately gained more than 2,5% to the new historical high of 680,87 dollars per share, to then settle on increases of around 2%, at 676 dollars, for a capitalization of around 633 billion dollars. The performance of the other technological stocks was more cautious, given that the effect that the verdict will have on the market is not yet clear.
Microsoft is up a modest 0,62%, to $30,75 a share, Google (the real target of Apple's offensive against Android) dropped 1,59%. In contrast to its competitors Nokia (+7,79%): Samsung's misfortunes could favor the run-up to the weakest competitor.
Returning to Piazza Affari, good day for bankers: Banca Popolare dell'Emilia salt by 2,28%, Understanding + 3,03% Ubi +1,34% UniCredit +1,1%.
Good upside of Telecom Italy, which rises by 2%, Mediaset earns 3,78%.
Among the utilities, a brilliant day A2A, + 3,5%.
Among industrial stocks, the rise of Finmeccanica: +2,13%. Fiat +0,37%, e Pirelli – 0,39% among the few stocks in negative territory. positive Prysmian +0,9%. Between mid and small caps, Prelios runs up 21%. Rcs it was suspended for a long time due to an excessive increase. Good upside, finally, by Brunello cucinelli: +6,6%.
