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Bpm, Stm, Generali, Camfin: sparks on the stock exchange even if the FtseMib grows by only 0,4%

Piazza Affari (+0,45%) partially recovers yesterday's losses but the stock exchange day is full of sparks: Bpm shines (+4%) due to Bankitalia's pressure on the spa but also Stm (+4,6% ) for growing orders – Generali reaps the benefits (+1,3%) of the sale of American reinsurance – Camfin up and down as a result of the Tronchetti-Malacalza agreement

Bpm, Stm, Generali, Camfin: sparks on the stock exchange even if the FtseMib grows by only 0,4%

Lists waiting for more signals from central banks, from tomorrow evening's Beige Book and from the next macro data on employment on Friday. The European stock exchanges however, they closed in positive territory: Frankfurt +0,12%, Paris, London +0,51%. Milan rises by 0,45% with the spread narrowing to 255 points. In evidence Bpm +4,68% which rises by below the pressure of Bankitalia for the Spa. Stm also did well +4,39%. in the wake of the positive indications on 2013 orders given by the number one of the company Carlo Bozotti. Insurance purchases: Fondiaria-Sai +3,42% and Generali +1,19% at 14,51 euros after closing the deal overnight to sell to French Scor reinsurance business in the USA for a total of 920 million dollars, with a consolidated capital gain of 150 million dollars. The goal of 4 billion from the sale of non-strategic assets is approaching.

Prysmian goes against the trend -2,38%, Gtech -1,97%, Fiat (-1,6%), with data on registrations in Germany which triggered profit taking, Saipem -1,05%.

In the spotlight too Camfin +0,12% and Pirelli -0,34% after the rumors about the definitive arrival of the signature for the divorce between Marco Tronchetti Provera and the Malacalza family, after two days of negotiations.

On Wall Street, stock exchanges are mixed with the Nasdaq rising by 0,20% and the Dow Jones trading below parity. The euro-dollar exchange rate is 1,3085 while WTI oil falls by 0,73% to 92,77 dollars a barrel. The only macroeconomic figure expected for today, the trade deficit, grew less than expected in April. The stocks are looking at the ECB's moves on Thursday, which are expected to keep the cost of money unchanged, and at the upcoming US employment data on Friday for more signals on the Fed's next moves. The president of the Atlanta Fed, Dennis Lockhart, said ruled out a tightening of US monetary policy. From Asia, the Minister of Economic and Fiscal Policies, Akira Amari, stated that the yen and Japanese stock lists and said he was confident that "volatility could return under control in the future". There Tokyo Stock Exchange rebounds and closes trading up 2,05%, close to intraday highs.

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