In a financial landscape of generalized weakness, Business Square it saved itself from sales in the first session of the week and closed with a gain of 0,11%, despite the protests of the restaurateurs, in Rome, raising the level of social and political tension in the country. To support the Ftse Mib is above all Diasorin, +9,63%, which celebrates signing an agreement for the purchase of the American molecular diagnostics company Luminex Corporation for a cash price of $37 per share, representing an equity and enterprise value of approximately $1,8 billion. The session is also positive for financial stocks and utilities, while Leonardo (-0,31%), remain on the sidelines after the tensions between Draghi and Erdogan. According to press reports, Ankara, in retaliation against the criticisms of the Italian premier of the Turkish premier, would have frozen the signing of a contract worth over 70 million euros. For Equita analysts, however, the contract will hardly be canceled and accounts for 0,2% of the backlog. It still goes up Tod’s, +0,67%, after last Friday's exploit following the entry into the board of directors of the well-known blogger Chiara Ferragni.
Milan therefore distinguishes itself positively from the rest of Europe, but after an eighth in contrast with the other price lists, which generally grew last week. Frankfurt it closes flat and remains in the high zone at 15.230 points. Paris loses 0,13%, even if utilities are flying Veolia (+ 9,66%) and Suez (+7,73%), following a merger agreement which will give life to a champion of water and the ecological transformation of waste with a revenue of 37 billion euros.
Amsterdam loses 0,84%, Madrid -0,39%. Slightly down London, -0,37%, on the day of the first reopenings after three months of lockdown and with people queuing in front of pubs since midnight. The rapid vaccination campaign implemented by Boris Johnson seems to be paying off, even if in many parts of the world there are fears that the variants of the coronavirus could partially frustrate the efforts made against Covid. For example, infections have started to grow again in Chile, India and the Israelis register the reduced effectiveness of Pfizer against the South African variant.
Fed Chairman Jerome Powell also warned of excessive optimism over the weekend, according to whom the virus still represents a risk to the economy and we shouldn't reopen too quickly. In any case, the Federal Reserve will support the economy until full recovery. A reassurance that today is not enough to support the mood of Wall Street, which, waiting for the start of the earnings season (starting on Wednesday 14th with Goldman Sachs, JPMorgan and Wells Fargo), is moving in negative territory after the record DJ and last week's S&P500. Today, President Joe Biden will discuss his $2.300 trillion infrastructure plan with a bipartisan group in Congress, intending to listen to Republican proposals and try to win as broad support as possible, even if the White House is ready to go ahead with his agenda even with the simple majority guaranteed by the Democrats. The plan will be financed by an increase in corporate taxes: the declared goal is to bring the rate from 28% after Trump had reduced it to 21% (from 35%), but a mediation could be found at 25%.
The Nasdaq flies Nuance Communications (+17%), following the news Microsoft (+0,3%) will buy the AI firm for $56 a share, nearly 23% above Friday's closing price. The deal is worth about $16 billion.
Alibaba gains 6,8% after the 2,75 billion dollar fine received by the Chinese authorities for abuse of dominant position. The CEO Daniel Zhang reassured that the fine, lower than feared by analysts, "will not have negative consequences for the group".
On the foreign exchange marketeuro trading slightly up, around 1,191, against the dollar.
Among raw materials, the Petroleum, like Brent: +0,75%, 63,41 dollars a barrel.
Returning to Piazza Affari, the best blue chips of the day, behind Diasorin, are Azimuth + 2,71% Bper + 1,58% Unicredit + 0,95%. A2a it appreciates by 1,23% and is owned by the French Suez. Well Ferrari + 1,21% Unipol + 1,06% Ivy + 1,1% stellantis + 0,93%.
At the bottom of the list stm -2,28% Buzzi -1,24% Interpump -0,88%%.
After recent gains it loses ground Atlantia, -0,79%, still awaiting a solution on Autostrade.
The secondary is stable: lo spread between the ten-year Italian and German it closed at 102 basis points (-0,38%) and the yield of the BTP stopped at +0,73%.
