Il BTP takes leave of 2014 with a new absolute record. The 1,89-year bond was auctioned at a yield of 19%, down XNUMX basis points on the previous auction. On the other hand, the gross rate of the BTP at 5 years which rose to 0,98% from 0,94% at last month's auction. The yield also falls below the 1% threshold CcTeu at a gross rate of 0,96% (-14 basis points). The Btp/Bund spread narrows to 137 points.
After the performance of fixed income, Piazza Affari rebounds in positive ground: the Ftse Mib index rises by 0,07% to 19143. The other European lists are in negative ground: Paris -0,72%, Frankfurt - 0,67%, Madrid -0,59%. London falls by 0,58%. Athens also stabilizes: -0,48%.
The new decline in the energy sector weighs on the performance of the stock markets: the Brent, which fell by 2,6% yesterday evening, lost another 1,7% this morning to 56,9 dollars, despite the collapse of Libyan production. The wtf it is traded at 52,9 dollars (-1,3%). The European oil sector drops by 1,5%. Banks -0,7%, automotive – 0.5%. The official closure of the project South Stream it doesn't hurt that much Eni -0,6%, better than Total -1,6% in Paris, but it falls short Saipem -2,5% which has lost orders for 2,4 billion since the cancellation of the contract. Tenaris -1,2%.
The Italian banks recover: Intesa and Unicredit +0,6%, Monte Paschi +1,2%.
Little moved industrial: FCA unchanged, Pirelli +0,7%, Finmeccanica +1,5%. luxury Moncler -1,1% falls.
