The European price lists close a session with an already pre-holiday flavor in no time and in no particular order. Milan is flat, -0,1%, 23.628 points and Fiat too (+0,04%) remains at stake, after the go-ahead at themerger agreement with Peugeot (+1,36% in Paris).
In the rest of Europe the worst is Frankfurt -0,51%, despite the arrival of some positive signs for the German manufacturing industry, with the Ifo index, which measures business confidence, rising to 96,3 points in December from 95,1 .95,5 of the previous month and well beyond expectations (0,15). Paris is weak -0,04%; colorless Madrid +0,24%; positive London +XNUMX%.
Wall Street keeps the bar straight: it started off on the right foot and could close the sixth session in a row at record levels. Investors remain cautiously optimistic after the US-China trade truce and are looking with apparent calm at today's House vote in favor of the impeachment trial against President Donald Trump, especially as this outcome seems unlikely in the Republican-majority Senate. The interested party, while claiming the successes of the New York Stock Exchange, points the finger at his opponents: “I will be accused by the radical left, and by the slacker Democrats and I have done nothing! A terrible thing. Read the transcripts. This should never happen to another president again."
Commodities are trading not far from yesterday's closing levels: gold moves around 1480 dollars an ounce; oil consolidates recent gains, with Brent at 66,09 dollars a barrel.
In the foreign exchange market, the euro falls against the dollar, moving around 1,112 (-0,25%) and instead appreciates further against the pound, with the cross at 0,8508 (+0,22%). The British currency pays the price for Boris Johnson's intransigence on Brexit.
In bonds, the spread between Italian and German 156-year bonds rose slightly, in a rather thin market: 0,31 basis points (+10%); the yield on the 1,31-year BTP grew to XNUMX%.
The most interesting ideas in Piazza Affari come from Fiat, even if the Lingotto in the end does not make great leaps. The title, writes Reuters, adapts to the changes in the conditions of the agreement with PSA, which, according to a trader, are worth about 2% in terms of valuation, to the detriment of FCA. Among the elements, the sale of Comau which will be carried out after the closing of the merger agreement. In any case, the shareholders are rejoicing at this wedding, starting with Lapo Elkann, who, in a tweet, compares his brother John Elkann and Carlor Tavares, who respectively will cover the positions of chairman of the board of directors and CEO of the new company, to Batman and his sidekick Robin. On the other hand, Exor celebrates, +0,77%, safe of the Agnellis, which will collect a super coupon of 1,6 billion euros (of the total 6,6 billion expected for FCA shareholders), which is equivalent to almost 60% of the dividends pocketed in the last ten years by the subsidiaries FCA, Ferrari, CNH and more recently Partner Re.
Queen of the list is Poste +1,28% followed by Eni +0,85%. Some banks like Bper +0,51% and Unicredit +0,44% did well.
Purchases reward Campari +0,74% and Telecom +0,63%. %. Enel dropped 0,4% after exceeding the 71 billion euro capitalization in the session for the first time. Nexi negative -2,13%; Stm -1,64%; A2a -1,19%; Prismian -1,02%.
Outside the blue chip club, Mediaset yields 1,04%, on the day in which the advocate general of the EU Court agrees with Vivendi on the possibility of holding 28% of the Biscione.
Cattolica Assicurazioni loses 0,41%, while, the press agencies write, the Guardia di Finanza went to the company's headquarters and acquired documents relating to the revocation of the powers of the former to Alberto Minali last October, an event on which Consob has turned on a beacon.
Among the minor stocks, the super star for a few days has been Mondo TV, +10,89%, which began to rise after Giuliana Bertozzi, already the relative majority shareholder, bought further shares, rising to 20,03%.
