Piazza Affari rebounds together with the other European stock exchanges after Monday's profit taking. The index Ftse Eb it rises by 0,8%, around 21.500 points. Rises of more than 0,3% on other markets, including London.
On the eve of the mid-month auctions, the pressure on Italian debt securities continues: the ten-year rate rises to 2,27% (from 2,23%), lo spread trading at 184 basis points, 10 more than Friday.
Il Waist it is trading at 0,41%. This morning Spain placed short-term bonds for 4,68 billion at declining rates. The change euro/dollar is stable at 1,092.
Il Petroleum it rose by 0,5% with Brent at 49,5 dollars a barrel and Wti at 46,6 dollars. Eni rose sharply (+1,1%) with Brent rising by 0,5%. Saipem (+1%) and Tenaris (+1,4%) also performed well.
Vola Campari (+9%, over 6 euros) after the publication of the first quarter accounts, filed with revenues of 376,6 million euros (+15%) and an Ebit of 64,4 million (+19,5%). The results are beyond analysts' expectations. The profit of the beverage group amounted to 53,6 million euros, up by 56,7%.
Bank stocks (Stoxx of the sector +0,6%) are advancing throughout Europe, encouraged by the good results of the German company Commerzbank (+2,3%). In Milan he recovers Unicredit (+1,8%) after yesterday's marked decline. Understanding salt of 1,2%, Bpm bank + 0,4% Ubi +0,9%..
Also good B for Bank (+1,7%), which will announce its first quarter results today. Mediobanca dedicates a note with the significant title to the possible transfer of Banca Unipol to the institution: "It is not easy to transform tin into silver". Bper "should start considering such a deal if, and only if, Unipol maintains more than 50% of Unipol Banca's non-performing exposures, Npe", reads the report.
In positive territory the insurance companies: Generali + 0,2% Unipol + 0,7% UnipolSai +1,1%. Day of accounts for the Big names in managed savings: while we wait General Bank earn 1,9%, Banca Mediolanum + 0,70% Fineco -0,15%. The march of Azimut continues (+1,5%). Weak Poste Italiane (-0,08%) on the eve of the accounts: Fitch's downgrade weighs heavily.
Atlantia (+0,25%). According to the Spanish newspaper El Confidencial, the offer for Abertis at 16 euros per share is imminent. the Italian group has offered 16 euros per share, while Criteria Caixa, which holds 22,3% of Abertis, is asking for at least 17 euros. According to press sources, the takeover bid could be extended to Cellnex Telecom, 34% owned by Abertis.
On the rise Enel (+ 0,2%) and Telecom Italy (+0,8%). The industry titles moved little: Leonardo + 0,2% stm + 0,1% fca -0,7%.
Finally, the leap of Pininfarina: +6,17% to 3,27 euros. The design company has signed a commercial agreement with the Iranian Khodro, listed on the Tehran Stock Exchange. The order involves the turnkey development of a modular vehicle platform capable of accommodating four vehicle models and the first vehicle in the medium market segment.
