Apart from one Juventus superstars (+17,85%), following the announcement of the SuperLega, Piazza Affari archives a sluggish session, down by fractions (Ftse Mib - 0,21%), on the day of coupon detachment by six major blue chips, which weighs 0,15% on the index. The session is also shaky for government bonds, with the spread at 102 basis points (+0,56%) and an Italian ten-year rate rising to 0,78%, pending the rating that S&P will issue on Thursday on Italy .
To liven up the day there is at least the Btp Futura 2037 which, on the first day of placement by the Treasury, recorded sustained purchases even if at a more moderate pace than in previous editions. One hour after the closing, orders amounted to approximately 2,28 billion euros, with 46 thousand contracts, against 2,2 billion for the BTP Futura in November 2020. It should be remembered that this is the third issue of a security designed for retail in the Covid era and the proceeds of which will be dedicated to financing the measures for the economic recovery from the pandemic and the expenses related to the vaccination campaign. The placement of the security, unless closed early, will end on Friday.
The session was mixed in the rest of Europe: Frankfurt -0,5%, Amsterdam -0,68%, London -0,26% were negative. Madrid practically dances by itself and marks a leap of 1,1%, thanks above all to the banks. Timid progress for Paris +0,15%.
Overseas Wall Street continues to decline, fresh from the records set last Friday by the Dow Jones and the S&P500. After the quarterly bank booms, the market is focusing on the results of other sectors. Coke topped estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and broad vaccine rollouts. Its shares are currently up 1%. Tesla loses 3,45% following a fatal accident of its electric car without a driver, which crashed into a tree in Texas. The stock also suffers from the decline recorded by bitcoin over the weekend. Instead, the Harley-Davidson engine roars, with sales forecasts improving for the current year.
They are Manchester United shares rally (+9,4%), one of the twelve founding clubs of the Football Super League, which is rocking the sports world but is very popular with investors. Little move JpMorgan (-0,5%), which has undertaken to support the birth of the group with a loan of 3,25 billion euros aimed at making available to the founding clubs of the new competition a welcome bonus between 200 and 300 million. The accounts of IBM and United Airlines are expected to close and this week titles such as Johnson & Johnson, Netflix Inc, Intel Corp, Honeywell and Schlumberger will lift the veil on their results.
The dollar is at a six-week low against major currencies, while Treasuries are stable and confident in the Federal Reserve's forecasts that any jump in inflation will be temporary. The US currency is weighed down by the climate of greater appetite for risk in a context in which some world stock markets are at historic highs.
The euro moves up by 0,4% and the cross is around 1,203. Bitcoin is down slightly, which trades at 55.265 dollars, after the losses seen yesterday when it dropped up to 14% to 51.541 against the dollar. The site CoinMarketCap cites a blackout in the Xinjiang region of China as justification.
Meanwhile, Great Britain is also considering a cryptocurrency and Finance Minister Rishi Sunak has asked the Bank of England (BoE) to look at the possibility of creating a new "Britcoin", a digital version of the pound. Oil, after a slow morning due to rising coronavirus cases in India and other major countries, is slowly recovering and the June 2021 Brent contract is trading at $66,83 a barrel.
The Piazza Affari session is negative despite the banks closing higher. Queen of the list is Bper +3,15%, but Unicredit +1,24% is also appreciated, despite the institution led by Andrea Orcel detaching a coupon of 0,12 euros today. Banco Bpm is up +0,38%, another stock with a detachment of 0,06 euro per share. Little moved by Creval, +0,25%, with the newly elected board of directors rejecting Credit Agricole's offer again, because the increase in the takeover bid to 12,2 euros is not yet sufficient.
Among the best stocks of the day is Leonardo, +2,39%, which benefits from the maxi agreement, worth 1,65 billion euros, signed last Friday by Israel and Greece in the defense sector. The agreement concerns the creation and management of a training center for the Hellenic Air Force by Elbit Systems for a period of 22 years. The training center will be modeled after the Israeli one and will be equipped with 10 Leonardo M-346 training aircraft.
On the other hand, Cnh is in the black jersey, -4,5%, grappling with the coupon detachment of 0,11 euros, but also with the reversal of course on Iveco, with the halt in negotiations with the Chinese Fawriguardo. Down Exor -1,41%; Stellantis -1%, on the day of the ex-dividend of 0,32 euro;; Ferrari, -0,99%, with ex-dividend of 0,86 euro. Lastly, Prysmian -3,34% and Stm -2,34% recorded heavy drops.
