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Euro and stock exchanges weak, Ansaldo Sts rushes to Milan

On a difficult day for Piazza Affari and for the other European price lists, Ansaldo Sts runs in Milan, after the consortium to which it belongs was the only bidder in the tender for the Lima subway – Bene Maire Tecnimont, after it won contracts in various parts of the world – The euro is weak, while the Btp-Bund spread remains below 180

Euro and stock exchanges weak, Ansaldo Sts rushes to Milan

ANSALDO STS SALE FOR ORDER IN PERU
EURO AND EU EXCHANGES WEAK, THE SPREAD AT 179 BP

European stock exchanges down at the end of the morning: the index Ftse Eb marks a drop of 0,56% to 20855 points.

In Europe, Frankfurt loses 0,65%, Paris 0,72% and London 0,46%. It gets worse Madrid -1%.

Little moved the bond market, with a slightly narrowing Btp/Bund spread in the wake of the negative opening of the German paper. the yield differential between Italian and German ten-year bonds is at an altitude of 179. The ten-year yield is stable at 3,41%.

The euro weakened in the morning to 1,377 from 1,380 of the closing close.

For now, more than the stronger-than-expected anti-euro signals from the French vote, the performance of the European PMI index weighs, which recorded a decline in March in Germany. In reverse the French figure is better than expected: in Paris the index returned above 50 points, the watershed between contraction and expansion, for the first time in two years.

In the pre Wall Street Stock Exchange Apple climbs 1% in the wake of Wall Street Journal advances on negotiations with Comcast to launch a TV streaming service with an Apple set top box.

On the day of the debut in the Ftse / Mib basket Moncler loses 1.61%. In luxury still weak Yoox -1,74%. It also misses out Brunello Cucinelli – 2,2% to 19,29, a short distance from the lows of the year (18,90 euros). This morning SocGen reiterated the Sell recommendation on the luxury company specializing in fine wool clothing with a target price set at 18 euros.

Rising sharply Ansaldo Sts +3,82% after the consortium to which it belongs turned out to be the only bidder in the tender for the Lima metro. Banca Akros estimates that Ansaldo Sts' share could be around 480 million euro. Ansaldo Breda's share amounts to 240 million euro.

Attention is also growing for offers for civilian subsidiaries of Finmeccanica +1,35%. Deutsche Bank reiterates the sell judgment but raises the target from 5 to 5,70 euros.

It is also part of the consortium Salini Impregilo -2,6%.

Sale Monte Paschi Bank +1,59%, after the news that BlackRock took 5,7%. Along with BlackRock, but with smaller stakes, some hedge funds such as Marshall Wace, Tosca, Och Ziff and Guggenheim would also enter.

Taking advantage of others credit institutions. Intesa -1%, Unicredit -0,31%, Ubi Banca -0,77%. Enel -1,14% and Eni -0,67% down in Milan. Among utilities, A2A -0,83%, Acea -1,76%.

Iren +1,47%. Hera also rises +1%. Banca IMI also raised its recommendation to Buy from Add, readjusting the target price to 2,50 euro from the previous 2,2 euro.

Telecom Italy -1,4%.

Mediaset loses 0,77%, tomorrow the company presents the 2013 data.

Maire Tecnimont advances by 2,02%. The group won new contracts in Europe, North and Central America and the Middle East for a total amount of 45 million euros relating to a contract in Canada for a fertilizer plant and a new license agreement for a urea plant in North Dakota, USA.

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