The markets breathe a sigh of relief before the long Easter weekend which begins tomorrow and which, for the Milan Stock Exchange, lasts until Tuesday, with trading also suspended on Easter Monday.
European stock markets close higher, reassured by the positive intonation of Wall Street Il Nasdaq at this moment it is clearly appreciated, with Facebook in recovery, though Amazon e Tesla remain in decline.
Business Square loses some momentum in the last half hour, although gaining 0,36%, 22.411 basis points. Banks are opposed and Monte dei Paschi, +3,71%, finally rebounds. Among the blue chips are full of purchases Recordati + 3,88% Mediaset +3,18% and Pirelli + 2,33%.
The brightest are the squares of Frankfurt +1,31% and Paris, +0,72%, thanks to the automotive sector, with Volkswagen galvanized by the possible spin-off of the industrial vehicle and bus division and Renault in rallies thanks to the hypothesis of a merger with Nissan, despite the recent denial. positive London, + 0,17%.
THEeuro it appreciates up to three-quarters of the session, then reverses course against the dollar and falls below 1,23. Among raw materials, thegold, at 34,61 euros per gram, while the Petroleum it rises moderately in view of a possible extension of the production cuts until mid-2019. Brent 69,17 dollars a barrel, +0,6%.
positive thebond Italian. The preliminary data on German inflation for March offered some support to the peripheral countries, slightly lower than expected and therefore suitable for making the ECB cautious about exiting the securities purchase programme. The yield of the 10-year BTP remains at 1,79%. It expands it spread with the Bund at 128.40 basis points, +1,74%.
In Piazza Affari it shines Mediaset, on possible ongoing contacts with Mediapro to evaluate Serie A distribution options on the Premium platform. Fractional upside for Telecom, +0,52 while Vivendi and Elliott sharpen their weapons also from a legal point of view. Today the company announces that on 9 April it convened a board of directors to "discuss any actions following the decision of the board of statutory auditors to integrate the agenda of the assembly, on the basis of the request formulated by the shareholders Elliott International LP, Elliott Associates LP and The Liverpool Limited Partnership". On April 24, the Elliott fund's request to vote for six new representatives on the board should be discussed and April 9 is the last day for the publication of the integration of the meeting agenda.
Among oil products, purchases pay off above all Tenaris, +1,97%, while in fashion it stands out Ferragamo +1,54%. Among the biggest banks the best is unicredit, +0,96%. Outside the main price list, it also stands out with Mps Creval + 3,97 % after Algebris and BlackRock increases. Flat Banca Carige. Today Raffaele Mincione, owner of 5,4%, surprisingly voted in favor of approving the 2017 financial statements as a sign of confidence in the CEO. Fiorentino and the bank's restructuring plan.
Best stock market title is Technogym, +8,91%, after the brilliant results presented yesterday. At the bottom of the Ftse Mib Where's Banca -1,04% and Bpm bank -0,72%. Sales penalize Campari -0,81% and Atlantia -0,55%. Utilities weaken after yesterday's good performance, Snam -0,45%.
