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Bags, for now it's a rebound

In Europe, only Piazza Affari has more courage and is driven by the recoveries of the banks, after yesterday's sharp declines. The new drop in the price of oil penalizes the entire oil sector - Luxury is also under fire - Buzzi and FCA go against the trend

Bags, for now it's a rebound

 After yesterday's bloodletting, the stock exchanges are attempting to recover: the Milan FtseMib index rises by 0,8%, the Paris and Frankfurt stock exchanges advance respectively by 0,4% and 0,3%, in line with London. Negative Madrid (-0,06%). 

The yield of the 2025-year BTP in June 2 floats around the 120% level, while the BTP/Bund premium returns a couple of cents above XNUMX.

The new drop in the price of oil penalizes the entire oil sector which, at the European sector level, drops by .13%. Eni loses 0,15%, but the subsidiary does worse Saipem which yields 1,84%.

Weak too Tenaris – 1,3%. Slight discounts for Enel ed Enel Green Power
It's a good day among industrial stocks Buzzi, which rose 1,6% after Exane BnpParibas confirmed the positive Outperform recommendation. 

Tips for too fca, up about 2% after the data on car registrations in August which grew by 12,7%, in line with expectations according to the daily note from Intermonte, which believes the sales guidance in 2015 is within reach.

game well, Telecom Italy reduced the gain to +0,1%. In Madrid Telefonica it is down 2,4%, hit by a Bank of America downgrade. 

Cnh Industrial loses 0,5%, StM salt of 0,3%.

Still down Ferragamo which yields 1,83% penalized by the cut of the target price to 27 euros from 32 by HSBC.

After yesterday's sharp declines, Unicredit rebounds 0,6%, Understanding + 0,9% MontePaschi + 0,6%.
The Popular ones are also good: bpm advances 1,7%, Banco Popular + 0,7%.

Among the insurance Generali rises by 0,5%, In Equita's asset management alert in the light of the new regulation on the method of calculating performance: Azimuth salt by 2,4%, Anima loses 3,4%..

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