Weak and barely moved, the European lists close another interlocutory day, suspended between the hopes fueled by the anti-Covid vaccines and the worries induced by Brexit and the infections. In any case, the end of the session improved in line with Wall Street's attempt to move into positive territory. At the moment the New York Stock Exchange is proceeding in mixed conditions, with the Nasdaq down slightly (but recovering from yet another record high on the eve), Dow Jones and S&P500 in progress. The news that the Food and Drug Administration, in an online report, promotes the Pfizer vaccine (+2%) as "effective" and safe, gave a little boost. The meeting in which the FDA should give the go-ahead for the administration of the same vaccine is expected this week. Among stocks, Tesla loses 2%, after announcing a capital increase of 5 billion dollars, the second in three months, while the founder Elon Musk is preparing to go into space in two or three years.
In the rest of Europe Frankfurt appreciated slightly, +0,08%, with Germany feeling more optimistic about the economy. The German Zew index, which measures the expectations of companies on the economy, in fact rose to 55 points in December, against 39 in November and the pessimistic forecasts of analysts at 36.
Milan -0,24%, Paris -0,23% and Madrid -0,59% are down. Almost flat London, + 0,05%, which this morning administered the first dose of the vaccine to a 90-year-old lady. Essentially, one travels with caution and in no particular order, also in an attempt to understand when the balance on Brexit will be found. Some brightening was seen today, when the British minister Michael Gove announced an agreement in principle with the EU on all issues, in particular on the protocol on Ireland and Northern Ireland, which will remain in the single market regardless of whether that a new trade agreement is negotiated or signed. Great Britain has therefore declared that it will withdraw from a bill the clauses that violate the agreement on divorce. The European Commission also said talks to establish future trade relations between Britain and the European Union could continue after the end of this year, when the Brexit transition period ends.
As far as Italy's internal problems are concerned, however, tensions remain in the majority and the council of ministers on the Recovery plan was canceled today. We will talk about it again after tomorrow's delicate parliamentary passage, with the Conte government which will have to verify in the Senate the existence of the majority, called to vote on the reform of the Mes, the European bailout fund.
In this context, bonds remain solid: the spread between Italian and German ten-year bonds rises to 116 basis points (+0,6%), but the BTP yield falls to a minimum, +0,55%.
As far as stocks are concerned, on the day of the Immaculate Conception, with the banks closed, volumes were modest. The final photograph of the stocks with the highest capitalization still sees Moncler on the podium, +2,05% (44,90 euros per share), rewarded for the decision to buy Stone Island. Today some brokers raised the target price on the stock: Kepler Cheuvreux brought it to 44 euros from 38 euros, while Deutsche Bank to 46 euros from 35,5 euros. Recordati +1,09% and Diasorin +0,71% did well. In evidence among the utilities Snam +0,57% and Terna +0,36, down A2a -0,9%.
Nexi, +0,36%, cautiously celebrates the cashback bonus launched by the government and which provides for the reimbursement of 10% of expenses paid with digital currency.
The banks are mixed: Bper rises by 0,68%; while Unicredit does not revive after the announced farewell of Mustier and loses 1,42%.
Leonardo closes the Ftse Mib -2,34%. Male Inwit -1,99% and Stm -1,19%.
Outside the main basket, Guala Clousers flies by 18% (8,26 euros per share), after Special Packaging Solutions Investments (Spsi), vehicle of the InvestIndustrial fund, reached agreements for the purchase of packages of Guala Closures at 8,20, 48,9 euros per share bringing its stake to XNUMX% of the capital and the launch of the mandatory takeover bid on the stock at the same price.
On the foreign exchange market, it is flat calm for the euro-dollar, with the exchange rate at 1,12, awaiting the ECB's decisions on Thursday. Among raw materials, Brent dropped 0,12%, 48,73 dollars a barrel. Gold increased to 18,67,3 dollars an ounce (+0,32%).
