Bags without a compass, on a disturbing day in many respects, with the growing tensions between the USA, Syria and Russia and the news that, this afternoon, a truck crashed into passers-by in central Stockholm.
Milan, once again, recovered in the final and hits the plus sign with a breath: +0,02%, 20.300 points. The same trend for almost all European lists: Madrid, +0,1%, Paris, +0,27%, Frankfurt, -0,05%, with Deutsche Bank losing about one percentage point, despite having successfully closed the capital increase (the fourth since 2010) of 8 billion euro.
Going against the trend is London, +0,63%, which also recorded an unexpected drop in industrial production in February. Wall Street is cautious, with the three price lists hovering around parity, after the data on work, which are in turn conflicting. In fact, the number of new jobs in March disappoints, but unemployment falls to its lowest level since May 2007. The perception of a climate that is colder than expected reduces the expectation of an increase in interest rates by 66%, from 71% yesterday. of the Fed in June. On the other hand, uncertainty reinvigorates precious metals, especially gold, considered a safe haven par excellence: +1.01%, 1266,21 dollars an ounce. Brent corrects upwards +0,44%, 55,13 dollars a barrel. Euro down against the dollar: -0,24%, to 1,061.
The Italian secondary rose slightly, supported, according to traders, by the covering of short positions after being excessively sold in the previous sessions. The spread between 10-year BTPs and the Bund drops by 1,2%, 198.20 points, 2,21% yield. With closed markets, as part of the communication on medium-long auctions, next Wednesday, the announcement of the new three-year Btp is expected.
On the Ftse Mib, financials travel in no particular order: Mediobanca did well +1,34%, Azimut +1,01%, Banca Mediolanum +0,94%. Ubi down, -1,31%, on the day of the assembly for the 2016 budget, while the CEO Victor Massiah claims that the reduction of new flows of NPLs continues in the first quarter of 2017. A2a stands out among the utilities +1,62% .
Among the industrial stocks, Cnh +2,22% and Stm +2,59% stand out, the latter recovering from a negative phase. Sales focus on Saipem -1,96%; Mediaset -1,82%; Ferragamo -0,77%, Campari -1,21%; Ynap -1,05%; Fiat -1,08%. Prysmian increased, +0,66%, which signed a 350 million contract with IFA2 Sas for an electrical connection in submarine and underground cable that will connect Tourbe in France with Chilling in Great Britain.
Outside the main basket, Rcs is reported, +7,59%. A boom due to Urbano Cairo's estimate of a net profit of around 45 million at the end of the year. In the hands of the new owner, the stock has gained approximately 200% of its value in one year. Double-digit leap for Italiaonline, +17,43%, after the communication of a gross coupon of 69,2 cents, which will be proposed to the shareholders' meeting on 27 April.
3,06% is sold by Fincantieri which, after the green light from the French government for the operation on Stx France, is starting to consolidate its leadership position in the construction of cruise ships, with a market share that according to analysts would rise to 50-60%, redesigning the balance of the sector globally. Debut in deep red for Banca Farmafactoring: the share, placed at 4,7 euro on the MTA segment, closed at -11,91%.
