Le European stock exchanges they are back under pressure from the Asian price lists, which are falling heavily after the new declines in oil prices, which have slipped below the threshold of 28 dollars a barrel.
A Business Square the rain of sales favors new collapses of the most targeted bank stocks. The Ftse Mib index falls by 3,14%, just above the threshold of 18 thousand points (18.237 at 11 am): the price list thus returns to the levels of 30 months ago.
The losses of the other markets of the Old Continent are similar in size: Frankfurt -3,05% Paris -3,35% London -2,95%. Madrid it dropped 2,74%.
On the other hand, the prices of government bonds in the Eurozone rose. The yield of Waist consequently falls below the threshold of 0,50%, while that of BTP on a ten-year basis it stands at around 1,53%.
With oil down, they fall Saipem e Tenaris (both -5%). Eni -3%.
In Milan, sales continue to hammer the banks: Mount Paschi e Carige they opened to be suspended almost immediately downwards with new historic lows: even -18,8% for the Sienese bank, -10,8% for the Ligurian one.
Fabrizio Viola, CEO of Mps, has released a declaration in which he underlines that “the current completely anomalous performance of the share has no confirmation in the bank's fundamentals which also improved during the last quarter. Customers who come to branches are worried about all the things they read. But at the moment the size of the deposits of those customers who have decided to move part of their savings is contained and in any case lower than that encountered in the previous crisis that the bank experienced in February 2013".
He also remains under fire Unicredit (-6%), as well as the Banco Popolare. But the storm also touches Understanding (-4%).
Sales also on insurance: Generali -3,5% Poste Italiane -3,3%. Zurich -8% for losses suffered from floods in Ireland and the UK.
The crisis has also affected the automotive sector. Nomura cut the sector to neutral from bullish due to the foreseeable slowdown in US sales and the price war in Europe. At Piazza Affari Fiat Chrysler loses 4,83%, Ferrari 4,72% and Cnh Industrial the 3,03%.
German manufacturers also fell: Daimler-3,43% Volkswagen -4,63% bmw -3,54%. Peugeot it dropped 4,66%.
Down too Enel (-2,7%), Telecom Italy (-2,9%) And Finmeccanica (-3,2%).
